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Bravo Gold Corp V.BVG

A mineral exploration company


TSXV:BVG - Post by User

Comment by onbradleyon May 14, 2010 2:14pm
511 Views
Post# 17100321

RE: RE: I'm out....

RE: RE: I'm out....Actually I surprised this is is news.  The old calcs had nowhere the same cutoff or cap, this appears to be done to a much more rigorous standard.  Any of the companies they have been talking too already know this.  I am in this for exploration potential, and I could never understand how folks were imagining 2+ million ounces or whatever.  The market has been weighing this one out for a while, which is why we aren't seeing a lot of selling and instead some bargain hunting.  Drilling the Homestake Silver deposit and the anomalies across the valley will be what determines the future of this company.  Sure, I would loved to have seen 1 + million ounces of super high-grade gold from the main zone, but really, haven;t we all known for 3+ years that that wasn't going to happen?  And also, they never started to hit really hard in the new zone until January's news.  All of this suggests to me is that the stock was overbought and will now be oversold.  I am riding it down and will add along the way. 
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