You summed it up well
@watchitgonowFor me, I just continued to struggle with why they focus so heavily on the deep drilling.
The market just does not care about being that deep, unless you are hitting the sort of grades BGL or WAF do.
BRB needs to focus 100% on open pit. That means, shallower holes, more metres, and prove that they have an economic project.
Surely the U.S firms that tipped in big time last year, are saying this?
The gold is there, lots of it. But... you have to have a clear plan/strategy on how to monetize it, otherwise the market does not give a fig....
What is so surprising, is that this sort of approach to exploration/drilling, has basically been shown by the rest of the sector, to not reward shareholders.
That all being said, I continue to hold (only a small holding overall), because others are going to know what to do with this project, and sooner or later, they will remove the board and get on it with. I just hope its sooner, rather than later.
