Was referring to expected quota of headgrade through plant...

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GoldPirate

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09/07/18

15:44

Post #: 34231245
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Originally posted by LibertyS ↑

I’ve done my due diligence and the margins on the feasibility study for gold are amazing, we just need to get into production, pay back the loan rapidly and get this show on the road.... the companies track record has been good so far, they have jumped every painstaking long and tiring hurdle in the last few years, go back over the announcements... I have no doubt they will receive the funds very soon... BSR will be one of the privileged few to be mining gold in Senegal, one of the most, if not the most stable country in africa. Big investors don’t touch companies that are not liquid, that’s why there not here... this is great for the little guy, who can get in before liquidity comes.... bargains are bought non liquid companies, unfortunately you cant get out once in, but if you believe in the fundamentals and are prepared to wait, investors will be rewarded for their patience.

Exciting times ahead, hopefully not in the too distant future... I’ve been waiting along time too.

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Was referring to expected quota of headgrade through plant during commissioning stage. Will be just as trying here as a mine with less EV/IRR. If indeed estimate is met, market then will take note as Bassari meets quotas they previously present as each quarter progresses.

Last edited by GoldPirate: 09/07/18

BSR Price at posting: 2.2¢ Sentiment: None Disclosure: Held
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Was referring to expected quota of headgrade through plant...

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