something that I think is easy to forget at any stage is where we are in a gold market overall - and, we are and have been for quite a while either at rock bottom or as near as.
to me - it's a perfect time to discover a major greenfields project --
IMO - it is the almost unseen factor that will show the excellent timing from Tom Sanders to have got this going when he did.
Sure, we are close to needing more money - but, we can raise money - and, we don't need a lot to chug on - the resource is coming along nicely and there wouldn't be anyone barring trolls who think this isn't an exciting project.
It's just timing - is there anyone around who thinks that this would have this current level of interest if the gold market sentiment was on a high or growing rather than rock bottom?
It's been years since we had positive sentiment - which means that as time drags on - it gets more and more due for a run
if you aren't in BRB - doesn't matter. If you are in BRB for the long term - doesn't matter (unless you are still adding to the position - which means this is good).
If you are a trader and stuck here when you purchased at higher levels - - ok, fine - it matters ------------ but, that doesn't effect the project - this is a very large find --- 8 km long apx. - very little explored - a lovely 2 km section, of very easy mining gold, very easy treating ore and not far at all from the town pub - in a politically stable country - where if we have a risk - it's probably a currency risk - and, that may well work in BRB's favour
we have been told that we are working towards apx. 800k ounces of actually minable resource in the near term -- and, we are continually finding more gold - indeed, we are waiting for major assay news now on something that appears exciting
so - it won't be that far away before we are at the million ounces - it's only timing - whether that's 2 years or 1 year --
the point is that you just don't find 1 million ounces of gold in the one place lying around everywhere -- and, in an area that you have only lightly explored the whole find-
anyone who tells you that it's not of interest is just plain BS
BRB Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held