ann:drilling to commence shortly, page-29

Where are we at ?? That's the question.

Going on many of the different posts and their vastly different perspectives lets have a look.

BGS have money in the bank and a supportive and patient cornerstone investor.

They have found numerous and varying amounts of gold at multiple locations.

They have a definitive and very inexpensive pathway to production provided they can show RG enough gold.

They are drilling the bejeesus out of the most promising locations.

Numbers ??

Lets do some basic calculations for the following amounts should they achieve these amounts. (Conservative imho)

100k gold x $100 per ounce net to BGS = $10 mill
500k x 100 = 50 mill
1mill x 100 = 100 mill

Whatever number KJ is working on the numbers have to be high enough to make it worthwhile for RG to JV with BGS.

For the LT holders I think we know where were at and for the ST holders it's probably not where they want it to be.

Still seems like a no brainer at this market cap imo.

Good Luck to all