HRA speaks on Bravo GoldMy friend sent me an email with the text pulled from the newest Coffin Brothers research on BVG:
Bravo Gold (BVG-V,
.28) hasn’t been providing any joy to shareholders since the last drill program ended, but there are reasons to think that could change. An updated 43-101 report is expected this month on Homestake Main, and the first 43-101 resourcenumbers will be tabled for HomestakeSilver. We assume that both grade and totalsfor the Main zone will have increased fromthe initial 900,000 ounce estimate sinceshape of the high-grade zones are much bettersorted out than they had been. HomestakeSilver has delivered a number of strong holes, but the issue for it will bewhether there has been enough testing thereto link them together. Regardless, the newnumbers will give traders a base value towork from as BVG resumes fieldwork.
It has been a generally light winter on thenorthwest coast, which should mean an earlystart to fieldwork and a longer season. BVGplans to stick to expansion testing this yearto extend Silver and test a number of newtargets that have the same alteration signatureas the known zones. The company willalso being starting the season without theneed to finance for the first drill season inthree years. The project has good logisticsfor its location. A good base resource plusexpansion results at Silver and the potentialfor discoveries at new targets should haveseveral producers looking very seriously atHomestake. While the stock has not been abig winner yet it represents very solid valueand potential for gains. It’s worth buying inadvance of updated resource estimates andthis year’s drill campaign.
https://www.bravogoldcorp.com