Highly relevant article. Yet another fantastic thing about BBX is that up to now we've only had rock chips and metallurgical info to go on, so we're still in the early stages of the exploration cycle.
Because of the high grades and tonnages, the 5 - 8 year chart below is compressed into 1-2 years for BBX depending on how you look at it. We're still waiting on the first drilling assays yet we'll be commencing small scale commercial mining around the end of this year.
The most exciting time to be a mining stock investor
The most exciting time to be a mining stock investor is when a exploration company is drilling and awaiting assays. The potential for life-changing returns is possible.
Very few sectors offer the potential return of a mining stock in the discovery/speculation phase.
Sprott’s President and CEO, Rick Rule says, “Speculation is where the big money is made; however, that is where the big risks are.”
It is said that roughly 1 in 3,000 anomalies actually get to the stage of an economic mineral deposit.
Mineral deposits are rare and because of this, they become extremely valuable.This leads to the potential for a 2X, 5X, 10X, 50X, or even the elusive 100 bagger.