BMR ballymore resources limited

Ann: Dittmer Stage 5 drilling on track to start in February, page-10

  1. 11,370 Posts.
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    Hard to get on and hard to get off too - current spread is 30% of the bid. So no good as a trade, deadly if you tried to short, but with Dittmer (and the other projects which also have merit) it is IMO a low risk long term hold.
    But the 'Big Finger of God' which is coming up to within 400 m of Dittmer could change that in a stroke.

    That is because Dittmer, and the several other gold outcrops nearby could be part of a gold cap over a porphyry Cu/Au intrusion.

    DYOR.
 
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