BC8 2.78% 37.0¢ black cat syndicate limited

Ann: Strong Resource Upgrades at Satellites to Myhree, page-3

  1. 12,057 Posts.
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    The cats keep giving. The grade and onces are actually growing. No better locality folks. Basic mining operation.
    The entire area remains open. The market cap is lagging the progress at the drill bit which means we are in for a move shortly imo. The company has made several significant announcements since the previous run to 60c. No one can complain about news flow, its more to do with a brain dead market and sellers standing in the way of their own exit. I am sure this progress is not being missed by surrounding producers.
    I can see a relatively clear path to 400k ounces based on their record to date and for the reasons above. BC8's management have set that target. The cats are already 2/3rd the way there now.
    The Greater Woodline area is within 2-3 weeks of a drilling program and that maybe the catalyst for a company changing event. The previous holes are more than enough to get excited about. Great report and we are in very good hands imo. dyor.
 
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