BGL 0.78% $1.27 bellevue gold limited

Hey Fbx,any further thoughts on BGL?Share price has come down...

  1. 11,915 Posts.
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    Hey Fbx,
    any further thoughts on BGL?
    Share price has come down quite a way, and yet, with SPX getting that very generous offer, I have to wonder just when BGL will become a target..?
    I think some have posted that part of the challenge, for BGL in the near term, is kind of like what WAF had to go through. A long slog of drilling to finally prove up reserves. I know they have the open pits, but... I just don't know if I agree with their plan to mine them to fund things... when that income could be a huge sweetener for when a plant is built on site.

    Perhaps some were underwhelmed with the recent resource update?

    Either way, interested if you have an T/A on BGL smile.png
 
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