BGL 2.00% $1.79 bellevue gold limited

Ann: 76.31gt Au in rockchips & maiden drilling commences Bellevue, page-33

  1. 122 Posts.
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    The history of discovery has been littered with old mines that have been reassessed, only to discover more ounces. There is an old expression in the industry ''gold is where you find it'" - 800,000oz have been found to date, these kind of gold camps only increase in size. Look at Tropicana, Carosue dam (not to mention NXM and MZM next door), Granny Smith to name a few, they only got bigger with time. My guess after reviewing the data is that we are looking at a 2-5 million gold camp. With only 285 million shares on issue - this baby is going to be a $2+ stock in 4-12 months.
 
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