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18/07/08
01:15
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Simrose,
The whole gold spec explorer end has been smashed the past few months. 30-70% off highs, many at multi year lows.
Probably linked to the failure of a couple, and increased costs and gold correction. Plus spec money going into other commods.
Need to be careful which one's you pick and on an MC to oz au comparison, this is one of, if not the, cheapest and best value on the boards.
Hopefully the upcoming JORC for Bepkong is decent and gets them close to the 1m oz mark.
1m oz au, open pit, great grades. Can't ask for much more, except infrastructure already in place.
Hopefully a larger partner comes along with a bag of gold to help finance development.
Good luck.
SDG.
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