Big Piece of the PuzzleI have been waiting for the off take to actually be finalized. Much as I want a picture of GO standing in front of big bags of concentrate the fact is you have to sell the concentrate to actually make money. A deal for 300 tons of concentrate is likely to cover the Bayhorse Mines production for a year. [200 tpd mined, 2 tpd after sorting, call it .25 tons per day concentrate - these are WAG numbers but you see the point.]
With the offtake BHS can mine and process knowing that it will get paid for its production. That is one more layer of uncertainty removed.
I am holding my shares and fully expect to see $0.25 in the next few months and more than that by year's end.