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18/05/16
17:00
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Originally posted by TrendTracker
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I don't respond to demands. But i'm happy you have taken an interest in BAR and post graphs that make me happy.
All the research you need is in their announcements - simply look at the market cap (30m) and compare it to their royalties, gold prospects (including potential near term production) and the massive cobalt deposit and come to an understanding of whether you think it's over or undervalued. That's what I did at 1.9c.
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Market cap. $30m for a company that hasn't produced enough gold for a signet ring.
Barra Resources gets $70,000 in royalties, spread amongst 373,000,000 shares.
A real bargain alright - for the moms and pops.