BNR 2.44% 4.0¢ bulletin resources limited

Ann: Update on Nicolson's Feasibility Study , page-5

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  1. 570 Posts.
    re: Ann: Update on Nicolson's Feasibility... Im not expecting Feasability Study to give it too much of a bump. Its MC is 8million, they will be producing a minimium of 20000 oz gold a year at close to $800 profit margins i would think at the very least, you dont need a Feasability Study to tell you this is undervalued by quiet a bit.

    The problem here is it is unknown, and is obviously too small a project for any institutional investing.
 
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