people keep saying that Tom will keep drilling to try and define an outer limit of the deposit. Tom is no spring chicken and surely he would like too see us develop into a working profitable mine.
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Tom in his recent direct-to-camera video presentation said that the people running BRB 'think like shareholders', and he said (direct quote) the shareholder thinking was "ideally, to see if we could create an early development option".
He went on to say -
"After 250,000 metres.....we understand the deposit, we have an early development option"
The big BUT was apparently that they haven't found the extent of the deposit. So must keep on drilling I suppose.....
If Tom wants to develop into a working profitable mine, then there is no impediment standing in the way. The early development option to start mining high grade Gold was there on the table, and he has chosen not to go with it.
BRB Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held