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Besra Gold Inc BSRAF

"Besra Gold Inc is a gold producer focused on Southeast Asia. It is engaged in the acquisition, exploration, development, mining of gold-bearing properties in Southeast Asia. Its properties include the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc Son in Central Vietnam, and Capcapo in the Philippines. It also has operations in Malaysia, Philippines, and Laos and Cambodia."


GREY:BSRAF - Post by User

Post by equipeon Oct 07, 2014 10:43am
334 Views
Post# 23005768

Time to put up the for sale sign?

Time to put up the for sale sign?
With a market cap of under 4 million at this level, there is no chance of financing a large project like Bau, and the revenues from Vietnam are not steady or high enough to grow the company with gold prices this low.

What options are left?
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