There are hundreds and hundreds of explorers out there and the sad reality is that no more then 3-5% will actually turn into mines, even in a Gold Bull Market. The Borborema Gold Project has been years in the making and now ready to kick off into construction soon. Pick the right ones and go long and you'll do well. Pick the wrong ones that just end up being stranded deposits and you'll do your ass in, especially if you get greedy and hold for too long.
I personally would not touch any grass roots explore or any that have just commenced their maiden drilling campaign. These guys are 5-7 years at best from developing into a mine and would have missed the boat of the strong gold prices!
Traders of BRV should get out now. Investors be patient.
BRV Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
