BGL 1.50% $2.03 bellevue gold limited

Likelihood of a takeover

  1. 197 Posts.
    lightbulb Created with Sketch. 54
    First time poster, long time lurker.
    What's the likelihood of a company like NST potentially buying out BGL? Are we thinking that this is potentially on the table?

    I know NST is very keen to consolidate their hold on the Yandal Belt, hence their acquisitions of Saracen and Echo resources. They have a ~15% stake in Yandal Resources who has a strategic holding near their bronzewing operations, and near Julius/Corboys further North closer to Jundee.

    It seems logical that they would acquire BGl for all those ounces and the exploration potential. Plus, BGL is nice and close to one of the NST processing centers.
 
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Last
$2.03
Change
0.030(1.50%)
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$2.03 $2.06 $2.01 $7.893M 3.882M

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