RE: RE: RE: RE: RE: RE: RE: Gold & China ArticleMike
As a shareholder of BTC I would love to say that BTC deserves a share price of 4 dollars, but unfortunately I think .6 is a fair price. I mean to me potential is having a 100 meter hole of 1.00% copper or a 1 billion pound resource open at strike. BTC really doesn't have anything material that warrants interest other than Bermuda and Coro (the other properties at this point are still long shots) and they haven't been developing Bermuda at all for the past few years. I will continue holding my shares in BTC in the near future to see what Teck does (they need to spend 4 million on king lake by 2011) and to see what happens with the VMS prospect at Long Range. Other than that why not just hold on to COP if that is going to be the most likely factor in share price appreciation.
Again, Mike, Ridge are you guys at all familiar with DNT? On their website their cost of production is stated as being lower than at San Jorge (COP) , and their deposit is much larger; the have less shares I believe, but the shares are cheaper then that of Coro. Why is that? Is there a black mark on the company?