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Batero Gold Corp V.BAT

Alternate Symbol(s):  BELDF

Batero Gold Corp. is a Canada-based precious and base metals advanced exploration company. The Company is engaged in the exploration and development of mineral property interests in Colombia. The Company is in the process of exploring and evaluating its exploration and evaluation assets. It focuses on developing the La Cumbre Gold Project in Risaralda, Colombia. La Cumbre is located within the Company's 100% owned Batero-Quinchia Gold Project. The Batero-Quinchia Gold Project encompasses multiple porphyry gold target centers. The Batero-Quinchia Project is located within the Municipality of Quinchia, Department of Risaralda, Republic of Colombia, approximately 55 kilometers (km) to the north of the regional capital, Pereira. The property consists of approximately 1,407.43-hectare (ha) tenement. Its new exploration drilling discovery at Matecana, located approximately 800 meters southeast of La Cumbre porphyry.


TSXV:BAT - Post by User

Bullboard Posts
Post by netgenxon Feb 27, 2012 10:58am
868 Views
Post# 19590834

awful results

awful results

hard to see much here to like.

lousy grades and as a result probably massive dillution coming if they're to raise the cash needed to move project forward.

they spent $15 million last year and if memory serves have only $2 million cash on hand now.

out at $2.10 today with a (very) small profit

GLTA

Bullboard Posts