Ann: Additional Pyrometallurgical Extraction Results, page-112

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kurrajong

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25/06/17

13:06

Post #: 25476273
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Originally posted by boogee ↑

There was a heap of time to get on BBX well under 10c, with the great grades being shown up from Juma East but nobody here believed the company save for a few of us. If you didn't believe them then not sure why anyone would have changed their mind, or be open to changing their mind, all of a sudden as the Juma East results were already very compelling.

Clearly the larger holders believe what is happening here, and the shift in focus to Tres estados and Ema is simply because they provide promise of finding a shallow, easily accesssible deposit(s) with a potentially easier path to being economic.

Although having Juma as a fall back is pretty handy given the progress made there already. And the Jed001 hole we haven't seen re assays with the new techniques as yet. That promised to be a cracker and reasonably shallow.

I would expect most of us in low have already managed risk here probably many times over our original investment so it's just a matter of setting autopilot from here until it plays out. Anyone wanting to get in now it is a higher risk game as there are never guarantees in exploration, but based on info at hand as per above musings, the picture is looking pretty good so far.

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How do you know? Have you been there? Do you have inside information? Or are you just guessing? I'd say just ramping!!

BBX Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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Ann: Additional Pyrometallurgical Extraction Results, page-112

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