wow, i think I underestimated the gold potential - thick, shallow, high grade gold. This puts a really significant price floor under BAR IMO. Cobalt still the driver of upside, but the gold alone could support a MC around $50m+ in the short term.
The drilling program at Main Lode included a 31 hole RC drilling program which was completed in February 2017. The best intersections include (down-hole widths) *: o BBRC246 11.0m @ 5.70g/t Au from 44m including 8.0m @ 6.66 g/t Au from 47m o BBRC231 5.0m @ 9.62g/t Au from 33m o BBRC233 5.0m @ 8.65g/t Au from 37m o BBRC244 5.0m @ 3.70g/t Au from 44m o BBRC251 5.0m @ 3.29g/t Au from 82m including 2.0m @ 6.77g/t Au from 82m o BBRC233 4.0m @ 4.26g/t Au from 27m o BBRC246 3.0m @ 11.66g/t Au from 66m o BBRC227 3.0m @ 6.48g/t Au from 47m
BAR Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held