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47.5¢ breaker resources nl

Ann: Outstanding drill results upgrade Bombora mining potential, page-13

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pintohoo

87,086 Posts.

75

27/03/17

20:39

Post #: 23660505
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Originally posted by Peace22 ↑

BRB are almost certainly onto a good discovery.

Seems to me they are a ripe takeover target for one of the mid-sized or big gold producers.

Of course it's still to be proven up with infill drilling, but there's little doubt the gold field is a humdinger; big, likely easy to extract, accessible, in Australia (little sovereign risk), and still way open to further discovery.

How hard it is to find such a big and quality resource as they have found! Once every 5 years maybe? Surely a big gold producer will wake up to the discovery soon?

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Agree with the reasons - but its not going anywhere for a takeover.

Tom is too strong this time and too many friends as well - latter at a guess.

If the gold price runs over the next few years - this should be one of those to remember

BRB Price at posting: 52.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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