TSXV:BVG - Post Discussion
Post by
THECAPER01 on Oct 24, 2010 10:51pm
Holding On
Although share price performance has been disappointing it is worth keeping in mind that Bravo unlike many junior explorers is underpinned by an in ground gold, silver and copper value of close to one billion at current prices. This years drill program may add to that figure, the company has suggested the possibility of Fox Ridge developing into another new deposit . The 2010 drill program is guided by the air borne survey completed in 2009 which indicated a number of highly prospective areas for exploration..
Discoveries like Eskay Creek to the north of Bravo and the Dolly Varden silver mine approximately 25km up the Kitsault River were made up of small high grade deposits. Bravo could be following that pattern, we'll have to wait and see what this seasons drill program brings.
Bravo has an important advantage in that the road from the coast to Doly Varden runs to within 5 km of Homestake.
While shareholders are impatient with the low share price and slow release of assayl results, these results are coming. Let's hope they are good and will result in an upward move in share price.
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