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Big Ridge Gold Corp V.BRAU

Alternate Symbol(s):  ALVLF

Big Ridge Gold Corp. is a Canada-based exploration and development company. The Company owns a 100% interest in the prospective Oxford Gold Project located in Manitoba and the Destiny Gold Project in Quebec. It is the operator of the Hope Brook Gold Project located in Newfoundland and Labrador. The Company owns 51% of the Hope Brook Gold Project and has an option to earn up to 80%. The Oxford Gold Project is located in central Manitoba, approximately 150 kilometers (km) southeast of Thompson. The project includes 17 contiguous mineral claims and three mineral exploration licenses which combined cover approximately 35,992 hectares (ha). The Destiny Gold Project is located in Despinassay Township, a road 100 km northeast of Val d’Or. The Destiny Gold Project has about 127 mineral claims totaling 5,013 ha. The Hope Brook Gold Project is an advanced stage, high-grade gold project. Hope Brook is located 85 km east of Port aux Basques, Newfoundland.


TSXV:BRAU - Post by User

Bullboard Posts
Post by Solveron Jul 24, 2011 11:20am
519 Views
Post# 18866221

Gold and silver to spike?!

Gold and silver to spike?!

Any gold/silver found by ATV will be a plus and a bonus. I’m sure most know that gold is over the $1600/oz., and silver over $40/oz. at this writing. The higher the gold price the more value there will be, even if very low gold numbers appear, providing the tonnage is sufficient. Cut off grade is lowered proportionally to the rise in gold prices!

If the scenario below plays out as expected by the experts, there will be a nice value bounce for SPs even if gold values are low, which are an unknown at this time; we are awaiting analysis etc. As long as there is any gold there, it will add to value.

Below is an excerpt from the link from Max Keiser in the Kitco news area. You can read the entire report for yourselves if you choose. The highlight:

“He predicts gold to rise to $10,000 an ounce. Many others are predicting similar extremely higher prices for gold. Gold prices will climb to $1,900 by October, John Taylor, the founder of Fx Concepts LLC in NY, the world’s largest foreign exchange hedge fund, mentioned in a current interview.”

https://www.prlog.org/11596726-gold-to-attain-10000-based-on-max-keiser-report-specialists-predict-massive-raises-very-quickly.html

All junior gold exploration companies are deemed to be undervalued by the analyst at present, but
with the pending Ni 43-101, and present spike in gold/silver values this ATV play has tremendous potential for a very good return...as I see it! Their gold properties are excellent!

For the longs: things are changing globally, for the benefit of the gold investors....hang in there!

For any new investors, be sure to do your own DD or at least consult a competent money advisor!
(Not your uncle)

Solver

Bullboard Posts