RE:Large areas of BIF not yet ExploredNozz
Just a suggestion but if you are going to invest why waste time reading an investor presentation when the actual report is available. One only contains the good stuff the other contains the whole picture?
For example one actually tells you how many villages and artisinal miners are still there that have to be bought out and relocated.
One even tells you some of the reasons such as high strip ratio for the high costs.
At any rate, this is a good play if you see the gold price going higher as these high cost operations are much more leveredged to the POG which results in a higher multiple to the gold price...
That said, best to wait until you see the technicals turn positive. You might miss the absolute bottom but it is a much smarter investment!