BVG's "Stealth" NeighborsI'm an enthusiastic, optimistic shareholder in BVG. The reason I decided to post here was not to knock the stock at all; it's going to be a winner, IMHO.
I invite you to investigate your neighbors whose Fiji property is contiguous to BVG's and if you read posts on that site, you will see the excitement about not only BVG's discovery, but others that I outline below.
I am discussing the sister companies SVG (Silver Grail) and TUO (Teuton resources.) Each has 25% of the Fiji property; and each security has its own pros and cons, which I'll quickly outline.
On another jointly held property, The Clone (Incidentally, I think it's also a few kilometres from BVG's Homestake Ridge) has shown "visible gold" and they are commencing a second phase of drilling. You can check out the press release which caused an upswing in TUO and SVG recently.
To me, this is key: Silver Grail has a TINY float...off the top of my head, I think it's about 16.5 million fully diluted. Therefore the promise of The Clone hits that stock's bottom line better than Teuton, which has 35 million fully diluted. So there's your "downside protection."
The same with BVG's neighboring Fiji property. Based on what happens with BVG, I'm pretty darned sure they will explore that property, if not this year, then next.
BVG and TUO are two stocks that "fly under the radar." I suggest you check out my posts on both bullboards, as well as others', to get the flavor of what I'm discussing.
Last I looked, SVG was trading for "jokebook money" and is very thinly traded. Again, it has moved up based on the Clone potential. I suggest you do your due diligence and take a good hard look at Silver Grail.
Teuton has a kicker, and that is Treaty Creek, which is currently being drilled, along with the Clone. I'm not going to blah blah blah you on this but I can suggest that after you do some snooping around about these two stocks, you might want to discuss these points with Gary Assaly, their IR guy who's a very low-key but knowledgible guy about these companies. FYI, his phone number is on their web sites,
www.teuton.com or
www.silvergrail.com.
I don't want anyone to sell a share of BVG; I'm certainly not going to. In fact, I'm buying more; but my money is where my mouth is
bigtime in TUO and SVG. With gold rocketing ahead, I think there's very little downside on the battered juniors. As I write this, gold is 973.40!!!!!
I wish you well, fellow goldbugs!