Batero Gold Corp V.BAT

Alternate Symbol(s): BELDF

Metals & Mining Gold

Batero Gold Corp. is a Canada-based precious and base metals advanced exploration company. The Company is engaged in the exploration and development of mineral property interests in Colombia. The Company is in the process of exploring and evaluating its exploration and evaluation assets. It focuses on developing the La Cumbre Gold Project in Risaralda, Colombia. La Cumbre is located within the Company's 100% owned Batero-Quinchia Gold Project. The Batero-Quinchia Gold Project encompasses multiple porphyry gold target centers. The Batero-Quinchia Project is located within the Municipality of Quinchia, Department of Risaralda, Republic of Colombia, approximately 55 kilometers (km) to the north of the regional capital, Pereira. The property consists of approximately 1,407 hectares (ha) tenement. Its new exploration drilling discovery at Matecana, located approximately 800 meters southeast of La Cumbre porphyry.

TSXV:BAT - Post by User

Batero Gold Corp

Bullboard Posts

Post by resourcehorseon Feb 27, 2012 5:54pm

567 Views

Post# 19594061

Good accumulation Target

Now in oversold territory. Some items of noting...recent bought deal @ $2.10, low share count. Compared a couple others to Batero. TRR has twice the resource but three times the share count. RPM has a similar resource calculation but three times the share count. BAT is now undervalued substaintially compared to these two companies.

Consensus: Money in the bank, further drilling and resource growth forthcoming and a market cap just cut in half to 64 million. Hard to find a gold exploration company with this share structure and fundamentals at this share price. Let me know if you come up with one.

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