OTCQX:BALMF - Post by User
Comment by
Hawaiiion Mar 27, 2018 4:02pm
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Post# 27789563
RE:Grasset is now BAR's key asset
RE:Grasset is now BAR's key assetGTRT, I thought the same thing right up until this morning, then i listened to the interview again. Yes, when i first listened, i heard what i wanted to hear, RE would be between 1.5 and 3 million ouncces. When i listened to it again, the interviewer asked what investors could expect from the upcoming RE, his answer was the target for the entire resource is 1.5 to 3, the upcoming estimate would only be for the near surface portion. So, he actually gave a non-answer that sounded really fu*king good. Shame on me, i guess.
Fact remains though that the two properties do have a value of a couple billion dollars and with a little luck, can be sold in some timely fashion.
Good luck to all that remain.