No. Too much project risk to allow for any meaningful...

No. Too much project risk to allow for any meaningful consideration of POG. Remember, the market wants to have confidence in the outcome to start factoring in commodity prices.

BTR might get some attention during POG rises if it strikes exceptional/ bonanza grade gold intercepts in an exploration program. But these market responses are often ephemeral and only encourage speculation followed by a return to reality as the explorer has nothing else material to offer.

BTR can help itself now by:

1. Regaining credibility by steadfastly upgrading the CTW JORC
2. Provide clarity on how the mill will return to operation
3. Demonstrate additional step out exploration at CTW rather than elsewhere (I see these as distractions atm)

Only then will the SP properly respond. Meanwhile, sharks are circling looking to feed on a lame little fish. Time to cure the wounds before we are surprised by other interested parties.