I think that there is already one open pit firmed up which could be used....and possibly two others at early stages of investigation...
There have been guesstimates from 32000oz to 1million oz....
But until Bgs announces a resource it's just that a guess...
The past few mths more Gold has been found and commenced investigating....so there is no shortage of areas to firm up the available Gold....
Seems the only people still believing that Bgs has lots of Gold are Sprotts and Keven....and at the moment.... That's good enough for me.
Perhaps everyone else will too... Once Bgs announces the resource....
Bgs,Sprotts and the Government of Mali ( to keep the jobs going)would be happy if Randgold joint ventured to keep the mill going after 2017...... I think that this is likely....just with what gold is in the ground...but not announced.
At least Bgs has plenty of cash...other small Gold miners are short of cash...and my pull up stumps if they can't get cash... Dyor
BGS Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
