OTCPK:BRRRF - Post by User
Post by
SGGroupon Jan 23, 2008 12:21am
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Post# 14246431
Good Fundamental Summary
Good Fundamental SummaryGood fundamental summary compliments of investor / poster Chartexx
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Finding a company in a karmic way nearly always is a good thing.
BRR has nearly 200,000 oz of gold in place ; is near a 4 lane highway leading to Val d'Or (aptly named);has had $7,000,000 spent on it by Placer-Dome (now Barrick) and Wesdome when the price pf gold was around $350; now has excellent management;a 1000 ton/day mill is 30 minutes away (to become 2000 tons/day); has has its internal management problems resolved (that is why it dropped to this level); is 20% owned by funds;is located in the Abitibi Gold Belt that extends from N.Quebec across to N.Ontario ( the most prolific gold area with the most producing (or past);has 3 other properties in the area ( one that is adjacent to Cartier's potential silver find); can raise serious money readily; is a sister company to Northrn Star /NSM which just raised $17,000,000 to get closer to production with a property not far away.
Oh, and it has hit 4oz gold ( over narrow widths which is typical of the area) on its Mackenzie Break Property, which they are drilling now.
Now the story has to be told to a wider audience, which began recently as you can see with the high volume of trading. BRR wants to be in pre feasibility by this time next year.
So,what is holding you back ????