Big Ridge Gold Corp V.BRAU

Alternate Symbol(s): ALVLF

Metals & Mining Gold

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.

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Big Ridge Gold Corp

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Comment by prospector24on Apr 13, 2012 6:52pm

270 Views

Post# 19792859

RE: RE: RE: more holes to be analysed

I like the managment and I like the low number of shares out. They need to focus (and spend money) on another project. 19 million tonnes with an average grade of 1 gram per tonne gold is NOT going to be mineable. The grade is way to low and too sensitive to the commodity price. no profit to be made on an operation like that. If they can raise some cash and work another project (like the EMPRESS) I would invest, as would others.

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