BMO 8.33% 0.7¢ bastion minerals limited

gold 640 buckle up its unhedged, page-9

  1. 647 Posts.
    Sabre must have put his house on it, he might have to get used to sleeping in a tent.

    100% Right on Denpal - "The key point is "will they deliver on their promises".

    Of course at 70k oz pa they will be worth a lot more than current MC assuming a decent margin.

    The Dec Qtr report will be very interesting as to future production scheduling, mining progress and updated costs.

    Once they can prove profitable steady-state production of 70k oz pa and find some more gold I'm sure all will be well with the sp. Until this is proven, be careful IMO.

    Look at BDG - punters believed in the fairytale story before BDG proved that their projections were accurate with truly disastrous financial consequences."
 
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