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Ann: Purchase of Coolgardie Mining Company Update, page-3

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Dr_Whom

88 Posts.

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20/12/17

10:46

Post #: 29763629
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Originally posted by davybabyk ↑

Nothing is ever certain in the gold business, but buying back the BG asset for just $121,000 plus $20 per ounce capped at 55k ounces - that seems like a huge bargain to me.

There is a good chance it is worth much more based on what can be extracted from BG, and then there is the value from improved access to Main Lode next door.

This could prove to be a key strategic move for Barra.

Not so much a Birthday Gift - more an early Christmas present. Ho Ho Ho....

Best seasons wishes to all

Dave

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gree absolute bargin, and now that the MXR Burbanks Mill is operating, only a few 100m's away, easy to get producing and pouring gold.

BAR Price at posting: 5.0¢ Sentiment: Buy Disclosure: Not Held
3 Upvote

0 Great analysis

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Ann: Purchase of Coolgardie Mining Company Update, page-3

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