Those results are fantastic at Fingals. Every where these guys drill just adds real ounces. We can see why management can foretell their first 1m ounces. Don't forget that BC8 also have another 10 hot obvious targets on the other leases they picked up. Funnel web, Black Widow, Montana, Rammsgate, Trapdoor etc. They haven't even got near those yet.
Rowes find could be anything and it really is high grade. That has fat shallow holes and open in all directions. The cats have acquired more ground than they can drill for a very long time and all of it is highly prospective.
All their assets remain open along strike and at depth. BC8 is turning into many high grade open pits just like Silverlake were mining.
We are on our way to the first million pounces so bc8 should re-rate as that becomes obvious. The next resource upgrade will point the way. This ground is not even close to being drilled out so its a path to these numbers over time imo. Anywhere near these gold prices (and well under this price) makes BC8 is going to be a printing press down the track imo. Management have lined this like a duck shoot.
We have some Fes study numbers due this month and more holes from Fingals. That should give us a good idea of the profitability on stage 1 at Myhree. Some of this other stuff is even higher grade so those numbers will be better in some areas. Very happy camper even if the market remains brain dead to this. Its only a matter of time before the thundering herd turn up because bc8 is in a strong growth phase. dyor
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Last
33.5¢ |
Change
-0.015(4.29%) |
Mkt cap ! $128.5M |
Open | High | Low | Value | Volume |
35.0¢ | 35.0¢ | 33.0¢ | $550.7K | 1.625M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 192567 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 218053 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 192567 | 0.330 |
4 | 128000 | 0.325 |
9 | 178646 | 0.320 |
5 | 105455 | 0.315 |
5 | 123675 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 218053 | 5 |
0.340 | 56500 | 3 |
0.350 | 153863 | 2 |
0.360 | 10000 | 1 |
0.385 | 15000 | 1 |
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