RE: RE: RE: bellhaven The stock performance has sucked, we all know that. But they have more results in the last 18 months than many juniors that have "gone up 50-100%"
It'll have its run, but it may take a bit more time. At the end of the day: Great jurisdiction, solid project, nice economical 43-101, and good drill bits coming out presently. Strong insider holdings - that is the big thing right now, there is little liquidity because major shareholders, like me, and many others I am acqainted with refuse to sell or trade. In fact, many of us won't sell a share under $2 and there are a lot of shares with that target on them.
BHV, in my opinion, is sitting on a 4-5M ounce deposit once the Middle Zone goes into 43-101 (expecting 1.2-1.5M Ounces Eq there) , and brings up core from La Garrucha which is likely to be a bit like La Cantera (my speculation). So, what is the value of a 4M economical deposit in Colombia, or 5M ounces? I say a minimum of $500MM but maybe as high as $750MM+ in a decent market. Do your own due diligence and the above is only my somewhat educated opinion. They alreay have 1.6M AuEq ounces that are very strong economically and have great metalurgical qualities - these are very good ounces. La Cantera alone is worth $1+ today alone, IMO. Middle Zone up in May/June for an updated 43-101, and then PEA later this year. Save nothing for La Garrucha or the Central Belt (which has promise too IMO).
STRONG BUY...