thanks to the 500k hit at 19c, we are now very close to a move to significantly higher levels, there is not any great resistance left on the way back up.
with gold continuing to head higher the benefits for VRE work out roughly like this for every $10 oz rise in the gold price it adds another $5 million to the NPV of the project or 1 cent per share.
Over the last couple of months the gold price rise has added over $70 million to the NPV of the Bronzewing Project and only now are we starting to see the shareprice move higher.
thanks to the 500k hit at 19c, we are now very close to a move...
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