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Bravo Gold Corp V.BVG

A mineral exploration company


TSXV:BVG - Post by User

Comment by chance_barkleyon Nov 16, 2009 2:08am
489 Views
Post# 16489403

RE: RE: RE: RE: Jim Sinclair Interview - MUST List

RE: RE: RE: RE: Jim Sinclair Interview - MUST ListThe only thing that the interview doesn't scream amazing for Bravo is that fact that they finance by issuing new equity, but that according to Sinclair is for Bay Streeters to cover the long-term short, plus they are not near production yet.  If they were near production they could follow Sinclair's advice and pay for development for assets in the ground rather than "hitting up the guys on Bay Street".  They have the near surface plus we are hitting targets at lower depths.  I've tried to talked myself out of this stock a couple times over the last 3 years, but I just can't do it.  Each time buying more and never selling.  Call me foolish, but I believe the pros (the deposit, the location, the potential economics) far outweigh the cons (current economic environment).  Some may say that management is a con, however I feel they done a fair job given their circumstances.  Yes they have slipped on some things (most noteably the 43-101 last year), but you got believe the guys know what they're are doing!!!  These are the guys that took Western Silver from like 50 cents to what? something near 40 bucks at the end?!!
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