BGD 4.84% 29.5¢ barton gold holdings limited

What will be the catalyst for BGD?, page-3

  1. 1,581 Posts.
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    I agree that Tunkillia needs to grow to +2Moz and I think that BDG is very confident that Tunkillia will continue to grow beyond 2Mozs. That However, is setting the backdrop for stage 2. The 7800m of pending assays at Tunkillia will be very interesting as there is potential for extensions at both locations (There is 4000ms for the SE offset and 3800ms for area 191)

    IMO, the key to short term interest from retail (and others) is getting a decent JORC estimate at Tarcoola and then moving as quickly as possible to refurbish the Challenger mill and start Tarcoola production ASAP. The earnings from Tarcoola (stage 1) will go a long way to the building of a Mill at Tunkillia and hopefully keep dilution to a minimum.

    Its a pity that Tarcoola drilling has been deferred to March. Lets hope they can get the drillers in earlier?

    Cheers
    Mulac1
 
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