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Bullboard - Stock Discussion Forum Bravo Gold Corp V.BVG

A mineral exploration company

TSXV:BVG - Post Discussion

Bravo Gold Corp > re. gold n silver are up big
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Post by cueball40 on Feb 17, 2009 6:07pm

re. gold n silver are up big

and   BRAVO   sells  off..lol.... cmon  guys   i  know this  stock  inside  out...i  been in it  forever  it seems like... bottom line   gang...  WE  HAVE  NO  BUYERS...   i been saying this for  a while  now  about    BRAVO...   dont get  me wrong  i  think    BRAVO  IS going much  higher  ...but  the  question  is    WHEN....  yup on  a  day  where  u  could  basically  throw  a  dart  at  a board  full  of  junior  gold  plays  u  prolly would  of  done  real  well.... like i  said  in  my  previous  posts  .... BRAVO  is  definately  a  HEAD  SCRATCHER...    and  also  a  KEEPER...  try  n  find  a junior  with results  like  this  one...and especially  here  in   CANADA....  GL......
Comment by robbie25 on Feb 17, 2009 8:56pm
yeah inferred resources mean nothing......we need those M&I resource estimates
Comment by MAKEITBACK on Feb 18, 2009 12:02am
Maybe, but look at Maudore Minerals MAO in Quebec---570000 ounces inferred---none indicated---no silver---share price $1.85---up 25 per cent in January.-----I think someone is intentionally driving the share price down on Bravo. I still suspect a low ball takeover bid.
Comment by doctorfill on Feb 18, 2009 1:16am
Anything's possible, but we did get that poison pill OK'd by TSX so a lowball takeover would be pretty hard to effect.  There's plenty of money around but credit is still tight;  Dundee ( a major PP agent ) may simply be flattening a bad account.  Interesting that Dundee isn't even bothering to ANONYMOUS their selling.Tomorrow (Wed) will be interesting ...more  
Comment by robbie25 on Feb 18, 2009 6:50am
"Maybe, but look at Maudore Minerals MAO in Quebec---570000 ounces inferred---none indicated---no silver---share price $1.85---up 25 per cent in January.-----I think someone is intentionally driving the share price down on Bravo. I still suspect a low ball takeover bid. "Yeah, but the SP alone means nothing, you need to look at how many shares are out to determine Market Cap.....Maudore ...more  
Comment by MAKEITBACK on Feb 18, 2009 10:02am
Maudore only has 16 million sahres out, and so the company is only valued at $25 million.....Bravos got a lot more shares, so eve with the current SP the company is valued at about $45 million.....the company valuations are actually very similar.....the market seems to be valuing BVG at about $50 oz/inferred, and Maudore at about $43/oz inferredTrue, but within a week our ...more  
Comment by robbie25 on Feb 18, 2009 11:03am
"True, but within a week our inferred and indicated should drop our number to at least $18.00/oz inferred and indicated (including silver), and a good part of that will be indicated. "Maybe it's because it's too early in the monring, but I'm not sure what you mean here......why would our inferred drop to $18/oz within a week?
Comment by MAKEITBACK on Feb 18, 2009 12:04pm
Maybe it's because it's too early in the monring, but I'm not sure what you mean here......why would our inferred drop to $18/oz within a week?I believe the $45.00 / ounce calculation was based on the 2007 1000000 ounce 43-101. ($50,000,000.00 share price divided by 1 million ounces). I suspect the new 43-101 (due within two weeks) will at least raise the inferred 1 million to ...more  
Comment by robbie25 on Feb 18, 2009 1:34pm
"believe the $45.00 / ounce calculation was based on the 2007 1000000 ounce 43-101. ($50,000,000.00 share price divided by 1 million ounces). I suspect the new 43-101 (due within two weeks) will at least raise the inferred 1 million to indicated as well as add another 2 million inferred (including equivalent silver) based on the last two years of drill results. This would actually ...more  
Comment by MAKEITBACK on Feb 18, 2009 2:01pm
I realize that the market cap will go up if the share price increases----I am using todays numbers as a means of demonstrating how undervalued the company is at this time.
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