Great coverage from Thom Callandra today: Mining sMining speculators should laugh and say 'Bravo' (BVG)
11/3/2009 2:34:28 PM | Thom Calandra
https://www.stockhouse.com/Columnists/2009/Nov/3/Mining-speculators-should-laugh-and-say-Bravo-BVG#
No stand-up comics needed to get the joke
TORONTO – High-wire(d) investors: Your best shots at nailing the light fantastic and hammering a laser-beam return?
First off: British Columbia gold (and base metals). Three weeks ago I re-connected with Bravo Venture Group’s (TSX: V.BVG, Stock Forum) Robert Swenarchuk. He tripped a light switch for me in New Orleans, and as clear as I could see the moth that landed on my reporter’s notebook there (in the photo), I could savvy the promise of Bravo’s Homestake Ridge project in Canada’s northwestern B.C.
I covered Mr. Bob S.’s comments the other day in our subscriber service. Bravo is exploring a gold-laden epithermal system within the Eskay Creek region.
Und today, what I see is this: serious insider purchase of shares by Bob, who is a longstanding director of Bravo. Mr. Swenarchuk, for those who do not know him, is a Vancouver-based investor relations executive. Bob has been in the business since 1980. He reminds me of actor Fred MacMurray in “Father Knows Best.”
Bravo’s shares are a joke at this price. On that I stake my screaming rep … and no, I do not own the shares or get anything from Mr. S. except the flip of a light switch. (Comedians, feel free to make stupid comments at the end of this article … svp.)
Bob and the Bravo team know the stock , something like 40 cents Canadian, is a flag-nogging laugh-it-up. They are hysterical laughing right now … and no, they are not stand-up comics. The BVG stock price, in a reverse analogy, is as flag-nogging absurd and LAUGHABLE as the published ask for Donnie Trump’s new Tower condos in T-town here. Believe it.
One drill hole on Bravo’s B.C. ridge at Homestake showed a gold intercept that has even the polar bears in the region stunned: a 52-metre width averaging 21 grams a tonne of gold. The intercept also shows what looks like a bonanza about seven metres down -- 181 grams per tonne.
Bravo shares are also listed in Germany. So Bob, along with a lot of corporate development and CEO types, is headed to Munich this coming weekend for a natural resources boo-ha. (My friends from the Gold Anti Trust Action Committeewill be there – Bill Murphy and Chris Powell. Please support their efforts.)
Generally, when Canadian junior miners and prospectors go to “service” their German shareholders at such shows, they blast “news flow.” In Bravo’s case, the flow is neither vaporware nor mothballed reporting from yesteryears. The gold and base-metal company’s president and senior geologist, Joseph Kizis, has been working B.C. (and Nevada) turf for years.
https://www.stockhouse.com/Columnists/2009/Nov/3/Mining-speculators-should-laugh-and-say-Bravo-BVG#