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Bullboard - Stock Discussion Forum Besra Gold Inc BSRAF

"Besra Gold Inc is a gold producer focused on Southeast Asia. It is engaged in the acquisition, exploration, development, mining of gold-bearing properties in Southeast Asia. Its properties include the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc Son in Central Vietnam, and Capcapo in the Philippines. It also has operations in Malaysia, Philippines, and Laos and Cambodia."

GREY:BSRAF - Post Discussion

Besra Gold Inc > Record Breaking Quarter Sees Besra Meet 2013 Gold Production Guidance
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Post by Ticker28 on Jul 09, 2013 6:17pm

Record Breaking Quarter Sees Besra Meet 2013 Gold Production Guidance

Well I have to give them credit where credit is due.  They hit their guidance of 60,000 oz per annum.  I'm hoping the political element that surfaced with the Vietnamese government doesn't rock the boat.  Still lots of imporvements to be made but hitting the production numbers and achieving cost per tonne guidance is a good start.  Maybe the market will respond to the news eventually.
Now it just needs to start hitting the bottom line where it really counts.
Comment by equipe on Jul 11, 2013 8:58am
60,000oz and BEZ is still has just a $17million Market Cap? This just blows my mind.  Time to buy more. At this point it's beyond a bargin.
Comment by Ticker28 on Jul 12, 2013 9:11am
I agree, it is over corrected.  While they have challenges as all miners in this sector do, Besra will survive because of the cash flow generation from their flagship properties, cost reduction, and plant upgrading to process more ore.   They have reduced their all in cash costs by more than I expected.  I don't have the exact number in front of me now but it was north ...more