Birthday Gift Mine was acquired when Barra bought Coolgardie Mining Co P/L amongst other acquisitions over time to end up with the Burbanks mining centre. Birthday Gift Mine (Goolgardie Mining) cost $121,000 with a royalty of $20 per ounce of sold gold for the first 55,000 ounces thats $1,100,000.
Is the Birthday gift mine tied up in this JV? I don't think so but does any body on the thread know?
BAR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held