This would have to be an absolute no branier,
For starters todays ann showed drill results of,
46.1m @ 5.40g/t Au (includes 2m @ 93.45g/t Au)
23.62m @ 3.66g/t Au (includes 6.11m @ 8.52g/t Au)
8.35m @ 4.01g/t Au
Market cap only $6 million
Last quarter had $1.2 m in the bank
On the 29th Jan they sold 10% of the project for $7 million
They had a $5 million loan for exploarition from the same group that paid $7 million for another 10% of the project which leaves them with $2 million once the $5 million loan is payed off which leaves them with $3.2 million minus this quarters expenses.
Now BGS recently ran from a $5 million m/c company to currently over $20 million on drill results less then these brought out by RER today.
Current EV only about $2.8 million
Thise are some spectacular drill results, this will run very hard in coming days when people catch on imo.
This would have to be an absolute no branier,For starters todays...
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