BTV 2.33% 21.0¢ batavia mining limited

mind-boggling, page-6

  1. 7,374 Posts.
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    T4P....what is happening is that you have those that own both the shares and the options wanting to sell their shares to have the funds so they can exercise. The announcement was very good for the company medium to long term, but short term hard on the price. I think it will bounce strongly once the scoping studies come out. There is no way patersons or that Gold Fund would be into this, if Gullewa looked marginal. I think this will be 10c within the month.....that's a diluted market cap of $50m.....$10m in the bank and $40m for the gold depsot and infrastructure...still cheap as chips at that, if i am right about Gullewa.
 
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Currently unlisted public company.

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