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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 festus6on Jun 12, 2011 10:55pm
487 Views
Post# 18705357

RE: SP vs Un-real expectations

RE: SP vs Un-real expectationsI can see what is going to happen here, buyout.  Just like Spider Resources, the only reason that the stock is to keep it attractive to prospective buyers. If and when a company comes along and makes an offer, the only ones who will make out like bandits will be the owners. The price to me is setting the stage for such a takeover. That is what it is all about isn't it? Investors all think that they will make a mine out of this discovery and we all get stars in our eyes, but the board has different ideas, they will probably sell at the first sign of an offer, just like V.SPQ.

PS, and they had over 400 million O/S shares. Twice they tried to do a RS and twice investors voted it down. 
Bullboard Posts