BBX 0.00% 24.0¢ bbx minerals limited

Hi Sparrow2009 and all, FIRST GOLD EXTRACTION FOR EMA YIELDS...

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  1. 3,971 Posts.
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    Hi Sparrow2009 and all,

    FIRST GOLD EXTRACTION FOR EMA YIELDS 58.16g/t Highlights:
    • An initial hydrometallurgical test conducted on 1kg of the Ema bulk sample, utilising a simple leach process yields 58.16g/t gold, 442.35 g/t silver, 0.22% copper and 103.40 g/t tin


    I guess if you want to be negative it also looks like quite a cloudy day there in the Brazilian jungle.

    Personally I find 58.16g/t of Gold relatively positive; however, you are probably right to play things down we would not wish to be accused of trying to ramp up the share price.

    No doubt the down rampers will be arriving shortly and I can understand their view point if I had been watching this company from the side-lines over the last six months and not buying in I guess I would also feel like an idiot!

    I noticed the other day some chap having to state he is no fool I thought it was funny at the time as personally I never feel the need to make that kind of thing so clear. I guess time will tell if his decision to get out far too early was foolish or not!

    With these kind of Gold grades the company would only need to move 50 Tonnes of ore per month on their trail mining licence to pay all the bills!

    Still early days as we all should be aware in this speculative end of the market; however, I find announcements like this one as very encouraging.

    Cheers and very best regards: Andy
 
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