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Big Ridge Gold Corp V.BRAU

Alternate Symbol(s):  ALVLF

Big Ridge Gold Corp. is a Canada-based gold exploration company. The Company owns and operates gold exploration projects in Newfoundland, Manitoba, and Quebec. The Company’s projects include Hope Brook Gold Project, Oxford Gold and Destiny Gold Project. The Hope Brook Gold project is located on the Southwest coast of the island of Newfoundland, in the Province of Newfoundland and Labrador, Canada. The property hosts the Hope Brook deposit that consists of the Main Zone and 240 Zone. The Oxford Gold project is in central Manitoba, approximately 150 kilometres (km) southeast of Thompson. Oxford Gold and Destiny Property includes 17 contiguous mineral claims and three Mineral Exploration Licenses which combined cover approximately 35,992 hectares (ha). The Destiny Gold Project is located in the Despinassay Township, a road 100 km northeast of Val d’Or. The property is accessible by provincial highway 397 which passes through the property.


TSXV:BRAU - Post by User

Bullboard Posts
Comment by Solveron Mar 29, 2011 12:43pm
326 Views
Post# 18355860

Value and undervalue.

Value and undervalue.
    When it comes to true share prices/values, they will eventually be reflected by resource values of the properties.

 I can sympathize with scanner18 for being frustrated with this stock for that length of time......  but the bid may not say it all.....as that is someone's perceived value based on imagination and perhaps opportunity to be a day trader to make a few pesos.  Some are influenced by pumpers and bashers and gut react often to their financial demise.

 Many who trade do not have an inkling of what ATV's property potentials really are now and more importantly will be in the near future!

The reality is quite different for those of us that have the technical expertise, hands on experience, and especially patience in these situations.  Values are rarely added by explosive results, but  are more like a fine pearl building valuable layers over and over again ....yes even for years.  It is the irritant in the pearl that starts the value process too!
 
So, in going over drilling results,  re-evaluating the properties, the KNOWN widths and depths or their ore bodies, the fact that they are open at depth, length and width, and having seen similar property developments over better than 4 dacades, the aggressive exploration and development of the management, I can only encourage a patient and waiting attitude, because all the basics are sound, and  gold value progression is very good......and we're getting close!   We do not know the copper and other base metal values, and the fact of the matter is....they may be greater than the gold values!!

A lot of results are yet to come, added resource estimates to known 43-101 reserves will be upgraded........and for the wise longs......

A happy and prosperous retirement.

Solver
Bullboard Posts