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Barsele Minerals Corp BRSLF


Primary Symbol: V.BME

Barsele Minerals Corp. is a Canadian junior mineral exploration company. Its main property is the Barsele Gold Project (the Project), a joint venture with Agnico Eagle Mines Limited. The Project is situated in the mining region of Vasterbottens Lan, Northern Sweden, 600 km north of Stockholm and covers 33,500 hectares in the Fennoscandian Shield. The Project is located on the western end of the Proterozoic Skellefte Trend, a volcanogenic massive sulphide deposits belt. Both polymetallic VMS deposits and intrusive hosted Orogenic gold deposits are present on this property. Its total mineral claim holdings are over 47,000 hectares. The Project consists of one block of 23 granted exploration permits and two exploitation concessions. It also operates Swedish projects that are located in the Gold Line Mineral Belt and Skelleftea Belt of north-central Sweden and the Mjasa-Vanern Belt in the southwest. In Finland, it holds the Oijarvi Greenstone Belt located in the north of the country.


TSXV:BME - Post by User

Bullboard Posts
Comment by AlternativeViewon Feb 22, 2018 4:52pm
106 Views
Post# 27605205

RE:Potential Growth at Barsele

RE:Potential Growth at BarseleI also think BME is seriously undervalued by the market.  AE 2017 annual report suggests about 1.6 M Oz at Barsele.

.45 X 1.6M X $150 / 130M shares = 83 cents US, or north of $1 CAD

ROOSTER01 wrote: OK I would take $6.65/share However In 2016 RBC used the basic assumption that each established ounce of gold in the ground on this project is worth US$150 22.7mil oz x 0.30 x 150/oz /128 mil shares = $7.98US or $9.97CAD


Bullboard Posts