Tas
Great post.
I would be careful with Barra. I was in on the float and have been in and out probably 5 times since, about square all up, maybe a dime in front, but not too sure about their deposit. I know a bit about this deposit (my geo uncle (since departed) actually expored the area mony moons ago) and I have kept up to date with it recently (well, as best a NAGA can...... Extremely nice deposit and great specimens from a geo's point of view, but I am not too sure what a bean counter would think, as it appears complex and the grades that were initially coming out were quite disapointing (not too sure how the grade has gone recently).
There is certainly some upside potential, but as you say, making a buck out of underground gold mines aint easy, and when the grade is 5 g/t, very hard indeed.
Given your conservatism, I am a little surprised at the selection of Barra, but happy to be converted if you have some more info.
Regards
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TasGreat post. I would be careful with Barra. I was in on the...
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