re: Ann: Bonanza gold grades intersected at H... mitzu, A lot of...

re: Ann: Bonanza gold grades intersected at H... mitzu,
A lot of junior explorers are trading at cash backing atm.. this isn't & has managed to attract a substantial investor in this bleak market.. top marks to management imo

they have an asset which produced 15,000 oz gold between 2005-12 using shovel and pan ($20m ++). Imagine when they get some machinery out there. Then they can develop Nevera and wait for a recovery in the gold price.

I like the plan, I like Sam & I like the fact that the HGZ is within an area that has already been mined (far easier to obtain approvals etc).

I agree on one point .. everybody should do their own research