Only regret I have is not buying more! BGL is the gift that keeps giving. New announcement shows continued excellent results. 2-4 meters here and there with 20-60 g/t. They are de-watering the underground workings – which hopefully should lead to some deeper drilling and finding larger better grades. Maiden resource expected very shortly.
The best part of BGL is that being high grade and reasonably near surface they can start mining on their own for early cash-flow and limit dilution. If this was a massive low grade deposit they would probably be looking for a partner to help fund development. Certainly not a cheap undervalued gold stock at the moment, but very promising.
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