BGL 4.16% $1.73 bellevue gold limited

BGL verses DEG

  1. 3,217 Posts.
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    BGL's market cap is $600 millioncheaper than DEG which l believe we are way underpriced.
    DEG resource is 2.2moz au at 1.8gt (low grade) which does not include HEMI.
    Our resource is of much higher grade and confidence as a third of it is of indicated category 860,000oz of gold at 11.6g/t .
    We also a fair bit of underground infrastructure in place.
    $140 million in the kitty to continue exploration and mine development.
    20km strike
    At present 6 drill rigs are on site, drilling our existing resource . Both resource and extension drilling are in progress.
    Loads of news to flow shortly.

    IMHO BGL is my pick of the two.

    Key highlights include:
    *A stage 1 maiden Indicated Resource of 860,000oz of gold at 11.6g/t gold1 announced post-quarter
    • The majority of the Indicated Resource consists of a high-grade core of 480,000oz at 15.5g/t gold that remains open in all directions;
    * high-grade core mineralisation sits proximal to existing underground infrastructure
    • An increase to the global Resource to 2.3Moz at 10.0g/t gold1 with overall discovery costs averaging $18/oz
    • Exceptional results achieved from metallurgical testwork including overall conventional leach recoveries averaging 97.8%; gravity recovery component ranging between 73.6% - 91.7%6
 
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Last
$1.73
Change
-0.075(4.16%)
Mkt cap ! $2.036B
Open High Low Value Volume
$1.78 $1.81 $1.71 $14.34M 8.258M

Buyers (Bids)

No. Vol. Price($)
7 96743 $1.73
 

Sellers (Offers)

Price($) Vol. No.
$1.73 40000 1
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