Bravo Gold Corp V.BVG

Fox Reef a new Au Ag Pb Zn Cu Deposit?

[Surycan]

look at the Fox Reef assays:
e.g. 0.9g/t Au, 51.2g/t Ag, 1.4% Cu, 3% Pb, 4% Zn in hole 183

https://www.bravogoldcorp.com/uploads/news/nr_10_09_23_table_bvg.pdf

perhaps somethink like the "Myra Falls Cu-Pb-Zn-Au-Ag Mine"
https://www.sfu.ca/mdd/gangue/Gangue84.pdf

[goldmember2]

Perhaps NOT! Seriously ?!? On the basis of a 0.8 metre intercept you are going to make the leap to compare to Myra Falls. Why don't you compare it with Kidd Creek while you're at it - it is much bigger still and also has Cu-Pb-Zn. Sheesh! Firstly, there are 30-40 million tonnes of mineralization at Myra Falls. Secondly, the MF deposits are in much older rocks than those at Homestake Ridge.

[zzthnx]

Hi Goldmember, you seem to have a lot of knowledge of geology. What is your opinion of the latest drill results combined with what Bravo has already proven up? Do you think we're undervalued at around .20? TIA! zz

[goldmember2]

The recent results are interesting, but nothing to jump up and down about.I do not thing BVG is undervalued at 0.20, but only because there are almost 150 million shares out. A market cap of $30 million seems about right, given that their established resources are quite small and as yet probably unmineable/uneconomic due to the need to mine them underground.gm2

[zzthnx]

Thanks, Goldmember. That's about what I assumed. It appears that we'll need some significantly higher grades in the next batch of drilling results to move the s.p. very much. Cheers, zz