Good Afternoon,
Bravada Gold (BVA/BGAVF) is a steal right now at .06 CDN or .045 on BGAVF! Their Wind Mountain project in Nevada has approximately a 1 million ounce gold resource at the PEA stage which was updated just in December. In addition, we can buy into a total of 10 projects in Nevada for what is currently a sub $6 Million USD market cap. This is completely ridiculous with gold at $2,000! The stock is trading like gold is at $1,000. Here's their investor presentation, you should peruse through for yourself:
https://bravadagold.com/site/assets/files/5490/23bva_investor_brief_presentation_jan11.pdf
I haven't spoken of Bravada lately but still own a large amount of the company. In addition to 1.5M shares sitting in my Sprott/Canaccord accounts for years now from private placement investments, I have purchased another 650,000 shares in recent months gradually from as low as .035 to .065 CDN in the open market.
The main downside here is that there are a lot of outstanding warrants exercisable mostly in the mid teens area. That will take time to chew through but that's where the share price is heading soon in my view. From .06 it's a 150% move up to .15 so let's call this a relatively easy double coming in 2023. Frankly, with all of the fresh volume recently and higher highs/lows on the chart, it could see a double within a month or two and it could easily over run into the high teens before cooling off once it gets moving.
For those longsuffering in BVA and who own the shares higher, now is the time to double down.
Cheers, Eric