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raffintoy

2,378 Posts.

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19/01/17

10:04

Post #: 21992555
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Originally posted by Niftiest ↑

To me it shows that whilst it was not a important announcement ,it shows that the company is progressing forward with whatever that can be done whilst waiting for finance approval & with whatever other legal matters that need to be done before mining can start.
It shows that whilst the Xmas/New Year period is a period where not much can be achieved the company's is very mindful that the shareholders still like to see some progress.
IMO whilst the company waits upon finance approval from the banks, negotiations for the Mining Contract & other necessary contract workers etc can be attended to pending finance approval.
IMO we are in the fortunate position where in the meantime we have other positive news to come out which should please shareholder/investors alike & hopefully the share price will increase.
IMO with the Konkouto prospect we may even see in the near future a new resource announced.
I do not have any prior information on this however my reason for saying this is purely based upon what the Chief Geogolist Mr Moussa Diba said to the Minister for Mines & Industry in a TV presentation at the Senegal Mining Conference in early November 2016.
He said as best that I recall was " early in the New Year 2017 BSR will be applying for a EXPOLIATION Permit for the Konkoutou prospect"
From what I witnessed on site at Konkouto I have no doubts that Mr Moussa Diba will be proven correct when the assays are announced.
They have got to be close !
Cheers

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Thanks mate..

I'm so excited about my little baby BSR

Cant wait to have a drink with you at the 10c party

BSR Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
1 Upvote

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Where to invest or not, page-4

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