14 g/t gold, 11.5% copper, 283 g/t silverSo, with the start of a new week about to begin, it's important to refocus on the compelling fundamentals of this company (again)...with a few additions. This will be my last post until results are released or there are developments of some kind...Take care, all...
I sure don't understand the sp below $0.20 let alone where it is now in single digits given its Red Lake Dixie Halo project that has the following fundamentals:
** previous sampling on the property produced those above values of 14 g/t gold, 11.5% copper and 283 g/t silver
** is the largest contiguous land package to GBR's Dixie project (13,000 ha) completely bordering GBR to the south and much of the border to the east
** contains D2 fold zones similar to those that host the Dixie gold zones as well as magic volcanics and iron formation (same rocks as DIxie)
** GBR's gold zones are 0.5 - 1.5 km from BTU's Dixie Halo property
** VP of Exploration is Doug Hunter, cofounder of Wallbridge Mining and Duluth Metals. Geological advisors include Tony Pryslak (Mr. Red Lake) as Dixie Halo specialist with over 50 years experience in the area as well as Don McKinnon Jr....basically a who's who of geologists.
** company has ridiculous market cap currently of about $6 million...$6 million for a company currently drilling (2500 m) one of the hottest exploration areas in Canada
** insider ownership of approximately 23% of the float or 15,000,000 shares
Given these fundamentals and the prospects of Dixie Halo, it's clear that BTU is severely undervalued at these 0.095 levels. Have a good week!