"Also like that a Gov. lab is involved viz BBX is in sweet with the decision makers who will want the whole thing to go ahead and start earning big dollars for the country".
I'm a bit nervous about the geopolitical risk that might be associated with the jurisdiction that BBX is operating in (Brazil). Having seen the P.N.G. government last year commandeer a big chunk of the equity in Barrick's Porgera gold mine, I shudder that something similar could happen to BBX if they prove-up a spectacular gold asset. With Brazil being the pre-eminent nation in South America, I would think that it is less geopolitically risky than, say, Africa or P.N.G. Or is it?
BBX Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
