FFX 0.00% 20.0¢ firefinch limited

Massive volumes of free milling gold at Viper, page-144

  1. 48 Posts.
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    Apatyl.

    I was researching past companies that Randgold did a JV with before they signed up.

    One was with Anglo Gold .

    I refer to your post on the 30/05/2013 11826397.  Nice dig up.

    Its interesting to note that these are the figures BEFORE Randgold came on board.
    You are spot on. BGS has a lot more going for them than these results. A lot more..
    For Randgold, these results had been sufficient enough to warrant a JV.

    The reason that they did not go any further with them is that an article released on 16th April 2014
    "Sangola promising despite Randgold pull-out – GoldStone"


    stipulates that

    "Early in April, Randgold stepped away from the JV, which was formed a year ago to explore and potentially develop the Sangola gold project, as the project no longer met the scale of the company’s internal investment criteria – a deposit with potential to deliver more than three-million ounces at an average grade above 3 g/t."

    So that's what Randgold are looking for....a deposit with potential to deliver more than three-million ounces at an average grade above 3 g/t.

    Do BGS have this??
    I know why you, other LT's and myself are in.

    Goodluck.
    monsta
 
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