RE:RE:RE:RE:RE:RE:Here is a Thought ...To Help!yaponski wrote:
boss_waz wrote: Yaponski,
BL will be spectacular...and the leap into production and cash flow will make a statement that will be noticed...
Remember, this is the practise run...using the small QR mill...the tiny BL open pit...small but SWEET....so if you want to compare BGM production to the big leagues and the big boys...just wait for COW... ISLAND... BARKERVILLE... and the rest of the %90 of the untapped land package....
COW alone will produce for years and years and years....
In the mean time, jump on board and witness the birth of the next major Canadian player....
Boss, Never mind about BL is gonna be great. That has been true since the bulk samples were completed back in 2004. That is over 10 years ago. What took so long to exploit the great find?
But that is all in the future. Developing Cow Mountain would take something like $150M to $250M. Not gonna happen this year. But Feb/2015 will come and the question is what kind of bottom line net profit will BGM show for the full year? Please advise on your door pick :)
Glad to see your onboard with BL...as far as timing since 2004 I can only speculate...
One theory:
Followup...after BL is processed...what then (obviously COW will not go in 2015...) ?
<<<<< BL should provide a
'showcase' effect on the nuggety riches of the cariboo....
Its like the 1000 ton sample over at PVG...its likely to be mindblowing and yet why the delay....perhaps because PVG will have a GAP in news between the 1kton and the 2016 mine (speculating)(as in no more dry powder)....
So back to BL, if BGM processed BL in say 2009...what would have been the followup?
So, its like one of my earlier messages...once BGM STARTS production, then its time to get excited because the ball is rolling...and there must be a followup plan of some kind.....
So, what could the followup be...(all speculation of course):
- Perhaps a second year of BL ore
- Perhaps the milling of the third party Dome ore
- Perhaps BGM SELLS QR mine and mill, takes the CASH FLOW from the sweet BL, moves the revelstoke mill to wells, upgrades in stages, permits COW and so on
- Perhaps BGM's Crystal Ball sees $1550+ POG, which will lead to a buying frenzy by majors, and BGM entertains bids...
Dont know...but the start of the BL production tells me there is more coming...for followup...
And that is something to be excited about...!!!