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Short Term Trading Weekend Lounge: 13-15th Oct, page-63

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jas626

6,950 Posts.

533

14/10/17

18:25

Post #: 27907926
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Originally posted by john435 ↑

I am just trying to identify in which formations gold is know to occur and then identify companies with ground on those formations that aren't already up hundreds of percent and haven't had a big run yet.
A few reasons to like BCI in my opinion:
- not too many shares on issue
- nice and liquid to allow an exit later
-plenty of cash ...no cap raising necessary
- no value factored into them for gold potential
- gold bearing formations on their ground
-has an inherent value with the iron ore
- current EV is only around $35M ....not a tiddler but a good gold discovery could take them to $100M market cap if the ducks line up

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have you looked into SYA gold land in the pilbara, your honest thoughts?
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0 Great analysis

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