RE:Charles Oliver BNN Top Pick. - Brigus GoldTerry:
[S] Finally Brigus gets a "TOP PICK" from Sprott on BNN:
1. Looking at 90,000 AU OZS in 2010 (does that include the silver credits? LOL).
2. Brigus resulted from a merger between Linear & Apollo Gold. i.e. a junior with a lot of debt and a hedge book combined with a junior with a well funded Linear. Result is a reduction in debt to $20 mln and a significant reduction in the debt.
3. Goldfields (Box Mine in Sask) mentioned as the potential source of the ounces that would take Brigus to the 180,000 Au OZ level. Why BRD at this stage? Because it is FULLY permitted. The GF & PR are not that far along the NI 43-101 path. However, where/why did the 235 m level drift have to stop? I'm sure RA has enough Barrick experience to drive an exploration drift into PR and possibly GF from BF.
4. "Revaluation - a question of time".
BWDIK? Given time rejigging of development plans and sequencing might help WD under promise and over deliver. Can we expect to see a concerted promotional effort from Haywood & others as we move into $1400 POG?
Cheers
Stanley