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Bessor Minerals Inc V.BST

Bessor Minerals Inc. is a Canada-based junior mining exploration company. The Company’s focus is on exploration and development of the Redhill volcanogenic massive sulphide deposit in British Columbia. It is involved in gold and base metal exploration. Its principal business is the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties once acquired. It has a 100% interest in the Redhill property, located 80 kilometers west of Kamloops and 10 kilometers south of Ashcroft, in British Columbia. It also has option agreement for exploration and development of the Easter Gold Project in Nevada. The Easter Gold Project is in east-central Nevada in Lincoln County, nine air miles southwest of Caliente, Nevada. The project area consists of 70 mineral claims covering 1,446 acres. In addition, the Company has a 1% NSR on certain claims in the Blackwater Mine operated by Artemis Gold Inc. It also has interest in Golden Eagle Project.


TSXV:BST - Post by User

Bullboard Posts
Comment by gold_strikeon Aug 26, 2020 6:33pm
87 Views
Post# 31458051

RE:RE:What does Warren Buffet know that you don’t?

RE:RE:What does Warren Buffet know that you don’t?….although Richfield Ventures could have been called speculative junk before they hit the mother load at Blackwater and a $½ billion buyout.   Bessor (Troymet) was right next door and sharing the same geology before a strike was made by Richfield.   It was pure luck that Richfield hit gold, because of a localized mineralization event (they were also looking for silver at the time if one recalls), but they knew that the geology made a strike more likely.   Good property selection by Troymet back then?   Or just luck that Troymet happened to be there next door?     I’m seeing the former as the reason, so is why I have a core position here, and of course partially sell during an uptick and buy in downturns, to average in and avoid some share dilution over time.   Will Bessor find an economical deposit?   Maybe not, but neither will the vast majority of explorers.  In that respect they are all bash-worthy if one Is looking for something like a return on investment.   

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