Short Term Trading Week Starting: 7 Oct, page-7

  1. 5,998 Posts.
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    Hi All,

    Keep an eye out on BYH this week and next few weeks.

    Just raised $2m and currently at/couple pips below CR price - always nice to get in at same/lower price than the "sophisticated" investors.

    Drilling started today.

    At 6c:

    EV $3.8M
    Cash $2.0M
    MC $5.8M


    Previous results from 2017 of up to:

    - 1 ounce/tonne gold

    JORC due after drilling.

    Resources can be treated through nearby gold processing facilities.

    Looks like a good punt from here.

    Cheers,

    GB.







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