12 reasons not to accept

12 Reasons why you should absolutely not accept the Norton offer!

1. It’s a rock bottom offer, a whopping 90% of our high.
2. Competent and experienced management team.
3. We have a multi million oz, very large gold deposit and upside exploration potential.
4. The world is eyeballed with debt. Gold will likely explode at some point.
5. Safe jurisdiction, close to manpower, utilities.
6. Low ‘all in cash cost’. Currently $930/oz.
7. Nano filtration looks like reducing that to approx. $865/oz.
8. 48 hour leach residence increased gold recovery, % gain as yet undisclosed..
9. Latest assay results due soon.
10. Completing DFS & declaring Reserve will increase BGL’s value and SP.
11. Estimated $3.1m in cash as of March.
12. Offer likely to attract other higher offers.


Real value for shareholders will come from keeping it as BGL, not swallowed up on the cheap. Anything below 30c is cheap! A merger will imo be far better for our wealth long-term, than a take over.