re: the real story
The future of BTV lies in its Gullewa mine...the U is a red herring.....Quote from Barry FitzGerald just yesterday.
"The project has also come into its own from an exploration perspective, with successful deep-drilling programs resulting in a bigger than expected resource upgrade to 775,000 gold equivalent ounces late last year. The metallurgical progress and the resource upgrade prompted Batavia to accelerate the scoping study, which could confirm the viability of a project development costing only $15 million or so thanks to the existing plant and infrastructure at the Gullewa site. Annual production could be more than 40,000 ounces of gold and 2000 tonnes of copper, with first production possible in 2007."
BTV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held