Good to see old mate Blastfurnace backing up his comments on this forum, being the 2nd top shareholder in the company with 6.5 MILLION shares! Interesting to note that he no longer holds PLS but backs BGS. Huge vote of confidence when a highly regarded geologist such as him is backing a company with his own hard earned.
Why is there no substantial holder notice from the Gas Super Fund??? They own 9.85%.
Good to see other regular posters on here backing their posts up with sustained or even increased holdings.
Some insto's coming on but only in the ~2-3% range, would be good to get some substantial holdings from them but they may not be able to hold more than their current position sizes due to BGS having a "small" market cap or perhaps a JORC is required?
40k acquisition cost with less than 900k spent so far on exploration and we have defined a world class resource. Goulamina's initial JORC will boast highest grades in the world (with tonnage worth mining) except for Greenbushes. Very positive language used in regard to the "processing solution" for the gold, sounds like it will in fact be a JV/toll treatment project handled primarily by Randgold so that Kevin is free to continue development at Goulamina. Perfect. Negotiate us above 35% and we will be happy little vegemites. Expecting something further on that in the near term. Very happy to be holding in this exciting period for the company, this Christmas is going to be a special one.
BGS Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
