BC8 4.58% 68.5¢ black cat syndicate limited

I think this company might hit 1m oz of high grade by years end...

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  1. 6,851 Posts.
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    I think this company might hit 1m oz of high grade by years end when you consider the geology, previous grade, location and the program. If i am close to right, the stock will be well north of a dollar because they wont need the large development costs and the margins would be very high. These guys could toll treat the ore and have surrounding plants to choose from. They could get in contractors and truck it to a plant. Either that, or someone close will buy them out and blend the ore.
    This is not rocket science and the first set of holes should set the stage imo. Given the shear size of the program, it could end up being anything, but the 1m is a doable target imo. Most mines are sub 1.5 g/t, the old holes are many multiples of that grade. You dont need massive tonnage when you talk of these higher grades. They have 7 mineralized and priority targets already. I would prefer a smaller scale mine with grade and mine life any day of the week. Development costs and permitting are a long hard road for the larger projects, but not for this lot. Worth a look but do your own research as always.
 
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Last
68.5¢
Change
0.030(4.58%)
Mkt cap ! $161.9M
Open High Low Value Volume
64.0¢ 70.5¢ 62.0¢ $3.786M 5.743M

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2 11823 68.0¢
 

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Price($) Vol. No.
68.5¢ 135873 1
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
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