BGG blackgold international holdings limited
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Unfortunately no update on the progress towards JORC but some...

  1. Jazzisalive
    3,959 Posts.
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    01/09/11
    13:53
    Post #: 8904146
    Unfortunately no update on the progress towards JORC but some pretty impressive growth seen in output from Q2.

    $12m in net operating cash flow for the quarter and that is only from 2 of the 4 mines the company owns (in addition to a decrease in the trading activity).

    Company has a market cap under $150m, has no debt, $40m in the bank, and just announced a buy-back in the last week.

    Certainly flying under the radar and has the fundamentals to be significantly higher.
    BGG Price at posting: 16.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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