High Volume ContinuesToday is the third day in a row with high volume for Bravo. The April rally in AU and precious metals shares looks like it has legs and should run up for the next month or two. Good time for news to be released.
The last 43-101 Technical report was released on April 16, 2007. We will have three years of drilling numbers to be incorporated in this report for the 2007, 2008 and 2009 drill seasons.
My guess is we will see some numbers from this new report sometime in the next couple of weeks. I believe the new resource figures will be very exciting as some spectacular holes were drilled during those campaigns .
We could very easily see a double or more in the total resource and with a large drill program scheduled this year the totals will go up even more. This is a perfect set up for 2010 to be a blockbuster year for Bravo Gold as I expect bullion to run up to $1,500 by year end.
The price of Bravo shares at these current levels is cheap. I would not be surprised to see shares selling in the range of $2.00 - $3.00 by year end and if we get a bidding war by several majors who knows how high.
GLTA
rg