RE: RE: What gives???We may be in the midst of a gold bull market, but overwhelming this is the fact that we are in the midst of a HUGE BEAR market for venture capital. THIS is why the juniors are so low - gold juniors and otherwise. People are happy to invest in gold stocks right now, but only in PRODUCERS or those with advanced projects and/or PROVEN RESERVES (i.e. ounces with demonstrated economic feasibility). For example, look at the cases of Barrick and Newmont, two major, essentially gold-only producers. Since November, T.ABX has risen from $22 to $45 and T.NMC has risen from $27 to $52 (almost its 52-week high). For Bravo to hit the heights that people here expect, they are going to have to overcome 2 hurdles - 1) establish a large enough and economically feasible resource, and 2) have investor confidence restored to the high-risk, venture capital markets. While individuals like those who write on these boards may be willing to take some personal risk and invest a few 10s of 1000s on these sorts of stocks, the BIG money guys (e.g. fund managers) are reeling right now and not willing to do so. Until the updated NI43-101 report comes out with a new resource estimate, there are only 900K ounces in the ground and no demonstrated economic feasibility. That's an unfortunate reality. This project is the victim of unfortunate timing. Everyone's bullish on gold, but they aren't interested in the venture market. Once the big money starts looking at the TSK-V again, Bravo should take off.
gm2