Yes I came in after BGL's presentation at the recent RIU conference.
For me it is the grade, no one else comes near for grade
They did state that there was going to be another upgrade in resource next quarter.
All the work to date is above 500 metres, currently have 1.5m oz @11.8g/t and still open for a long way along strike, could expect 2.5m oz at least to 500m and then double that down to a km where a lot of mines are now working. There is also a strong possibility of corporate action before resource upgrade considering current low cap.
I brought NST for $1.27 Sept 2014 and sold at $ 2.90 in Oct 2015 now trading at $ 9.29 - will not be making that mistake again.
News: BGL Bellevue Gold Undertakes A $20 Mln Placement, page-34
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