Esh you have stated that you regard the info necessary for a JORC before you invest.And of course the company is bound by ASX regulations before any forward looking statements are made.That's great.We need people to be piling in when this stage is reached.
However I prefer to get in at this stage or sooner when the information is incomplete but with a significant degree of certainty.Based on the geology and finding so far, it is reasonable to infer a large disseminated find.
Gold can be extracted,and we have no certainty as to what % and the cost.However, it is probable that a method will be found based on recent announcements- eg a second smelt.
There is great variation as to how information is dealt with e.g.Engineers and accountants as a group need complete information to make a decision as this is part of their professional training.Many in these groups just cannot bring themselves to deal with incomplete information.This is "bean counting"psychology.
History shows that the big money is made by buying in when info is incomplete and selling when everyone's certain.So the bean counter's loss is our gain.
Thank you again for lining up when all the "i"s are dotted and "t"s crossed.Furthermore I hope you gather a large following as we will need a lot of you to take up our shares.
BBX Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held