BC8 1.33% 37.0¢ black cat syndicate limited

Ann: Three Rigs Drilling at Kal East Gold Project, page-14

  1. 12,248 Posts.
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    The Fingals/ Majestic pits are shaping up to be much larger than expected. SLR may look back and regret selling them. I have seen this happen before. What looks small to a mid tier could be a company making asset to a company like Bc8. Looking at assets with new eyes has made fortunes for some. Management have already said that these areas are turning into much larger pits that first reported. Soon after acquiring these assets, they kicked off their own drilling and Bc8 decided that the area was where they wanted to build the mill. That should tell us all something about the potential scale and grade unfolding here. All their assets remain open, but these pits are coming together as company makers on their own. I am looking forward to seeing the upgraded resources and studies. We can also be happy knowing that heaps of drilling results will just keep coming. Dyor
 
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