Ann: High-Grade Resource Growth to 1.8 Million oz at Bellevue, page-20

You're not missing anything. just under 2million high grade ounces, with massive exploration upside. however BGL is not a producer and has no clear pathway to producing. either another CR or T/O on the cards.


there are a lot of other cheaper Goldie's out there that are already producing, and have more proven resources, however no where near BGL grade (grade is king). so I think it's properly valued, if not slightly over valued.

I think this Ann came in short of everyone's expectations. and I think you will see a few taking profits over the next week. I'm not really buying the old delayed assays didn't make it in time for resource upgrade. they had more drill rigs, more time and 50% less resource upgrade. if they announce a clear timeline to production, I'm jumping back in.