No reason why BRE can't breach $3.00 before the next results...

No reason why BRE can't breach $3.00 before the next results IMO

The ultra high grades alone warrant a substantial re-rating IMO.

I think many people have stayed away from BRE because of the MC, however, as you said, the competitors with similar VERY high grades have MC's in the billions.

There's no guarantee that the small caps nearby will reap grades even remotely close to BRE's.
BRE HAVE discovered and CONFIRMED ultra high grades.

The icing on the cake is the fact that they control the strike (80 km's) along CONFIRMED Ultra high grades.

Please excuse the upper-case's, however, confirmed discoveries go a long way IMO compared to speckies; Not to mention, a company like BRE will/ is attract/ing a lot of attention.
With the recent buying, certainly looks like some serious investors are buying up.
Anyone have the brokerage data on past week or so?

Also,don't forget, TA wise, BRE is soaring through blue sky (past ATH's), so who knows how high the SP will go till it corrects. The SP has certainly been looking VERY strong over the past week or so.

''The other developers on the ASX are vastly inferior- low ~3000-5000ppm grade IAC or low grade hardrock(e.g. ARR ~3000ppm-4000ppm grade)''.

LOL,
EXACTLY !

BRE's 10- 30% grades make MEI's grades look.......... well........ quite low !

I realise hard rock vs IAC economics are apples and oranges and all that, but, BRE's grades really are- Out of this world grades!