A strong German close at 9.5c, once again in front of a trading halt,is a good sign.Clearly if the metallurgy issues get a tick,then this is what we have:
1)An orebody heading towards 1m.oz of equivalent 9g au.Even at the stated progress of 775,000 oz.,it is 2.4 times the figures of 2 years ago,when the stock hit 17c.
2)Gold production could start this year and likely copper-gold next year,as there are separately defined gold onlysections to this orebody.
3)There is unexplored potential surrounding the site as the gold plant calls out....use me!
4)Gold is $100 oz. more valuable than 2 years ago,same currency rate and copper jumped 40% in 2005,so earnings numbers in a feasibility will be much more robust.
5)Uranium exploration will kick in interest again,like in August,as a bonus imo,to the real game,of establishing early cash flow and dropping off the word 'emerging'.
I think if met. is OK,then BTV are set to double from yesterday's close within 6 months.
SEARAY
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