BGF ballarat goldfields nl

takeover, page-22

  1. 34,500 Posts.
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    sbm is much better value Think of it this way

    BGF is around 380million market cap, hopes to produce 200,000 ounces by mid 2008. Management won't tell us whats going on?

    SBM is 480 million market cap, already producing almost 200,000 ounces, wants to get to 500,000 to 1million ounces maybe even by 2008 and has nickel potential, holdings in SAR, TMX and others. Better management.


    Which has more upside and less risk. Bit of a no brainer?
 
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Currently unlisted public company.

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