BGF ballarat goldfields nl

After the discussions had on this one and talk of 8c I decided...

  1. 550 Posts.
    After the discussions had on this one and talk of 8c I decided to do a bit more research to decide to hold or sell. Looking at the numbers was interesting. In the prospectus reissued by BGF in Sep, they talk about a potential resouces of over 4million ounces. Bendigo has a 12million ounce potential resource. Bendigo has a market cap of $270million, BGF is 14million.

    I know they are a lot of differences between them but just looking at the numbers loosely and I would say BGF has more to go. I am holding. Any other perspectives on this.
 
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Currently unlisted public company.

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