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Bravada Gold Corp V.BVA

Alternate Symbol(s):  BGAVF

Bravada Gold Corporation is a Canada-based exploration company with a portfolio of high-quality properties in Nevada. The Company has 11 projects in its portfolio, consisting of 860 claims for approximately 7,500 hectares in two of Nevada's most prolific gold trends. Its projects include Baxter Project, Shoshone Pediment Property, Highland Project, South Lone Mountain Property, SF/HC Project, Wind Mountain Project, North Lone Mountain Project, East Manhattan Project, Gabel Project, Pete Hanson Project, and East Walker project. The Baxter prospect is a low-sulphidation epithermal gold- silver-rich system underlain by felsic flows and domes within a package of volcanic derived tuffs, sediments and breccias. The Highland consists of 192 claims (approximately 1,550 hectares). SF consists of 66 claims (approximately 530 hectares) located in Eureka County, Nevada. The East Walker project is located in an actively explored portion of the Walker Lane Gold trend in western Nevada.


TSXV:BVA - Post by User

Bullboard Posts
Post by minepicon Oct 19, 2011 1:43pm
470 Views
Post# 19163756

Management

ManagementManagement played it's shareholders like suckers.  The great merger between FRX and BVA was to benefit everyone because BVA had cash and FRX had assets.  Fast forward to today.  The asset being most highly regarded is Wind Mountain (an FRX asset), currently raising cash (BVA money gone), dilution by merger and a current FRX share value of
.0382 per share (
.045 x .85). With a
.05 PP and more dilution this play will soon become like Manex's Bravo (BVG) with too much stock and a very weak share value.  Look for BVG rollback.  Have not seen anything great out of this management group.  IMHO and do your own DD.
Bullboard Posts