Burey Gold - byrIs continuing to drill its maiden gold project...

  1. 27 Posts.
    Burey Gold - byr

    Is continuing to drill its maiden gold project in Africa. Deposit is very close to surface ensuring that the gold is very cheaply extracted.

    Project will be npv accreative.

    Real value however lies in upcomming uranium assets.

    Company has an option to acquire 26 uranium tenemants in SA [pro mining] and WA.

    Announcement to take up option expected in mid may; prob next week

    Currently, market has given no value to these assets, and only gold project has been valued [and at a discount].

    Once uranium potential is realised, will trade at 50-70cents. Should do so some time in next 3/4 months.

    Current price is 24-25 cents, give or take.

    Lot of hidden potential here and opportunity to get in cheaply before the crowd.
 
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Currently unlisted public company.

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