From Randgold's presentation dated 27th July - with thanks to boy1 @HC for spotting this: http://www.randgoldresources.com/si...iles/Media Day 27 July 2016 Bamako Mali_2.pdf This confirms that we are in fact currently in negotiations with RG on Viper & Ntiola - and with the processing facility at Morila just down the road...
How high can you guys see this in a year or 2 or 3? I got in at 7c so am very grateful for his thread
$1 would be very nice indeed. With all this world debt and funny money/funny policies like negative interest rates, it s sure to really light a fire under commodities and gold
+50c for a deal on Morila, +$1 for a saleable world class lithium resource at highest current grades imo - dyor.
I bought in a few years ago on a little upward trend and it tanked. Had to sit on it for a long time to now see a decent return. No one knows what it will do in the future, so hard to call.
Hartleys has a SP of 70 cents in 12 months, think we will see it higher than that by end of year with some of the chartists putting us a 66 cents in the short term. BGS has a Li deposit to die for, high grade and from above surface with probably near to or over 40 MT just on our first lot of drill results and over 250km of ground to go yet. Over 400,000 Oz of Gold from surface and probably a whole lot more than that to be found on our 100% owned tenements and a deal imminent with Morila to process it. We also now have a dedicated and well connected team working in the background to strike deals with the end users of lithium. Mali is an easy place to mine in, approvals are quick and and there is next to none red/green tape to wade through. In the past it was BGS waiting on Morila along with the POG to make or break us, now we have the lithium as well. Still think the SP has a long way to go yet.
BGS hit 50c today.... WOOOOT! Cheers Southerncross, whereisado, Dabloodymess, Lunar D, boneyard, ScyB, kramer, finicky, radiobirdman, scrooged, markc, SilverDJ, salty lemon and all peeps who've kept the faith. s/t target for me now is 65c, any announcements will really kick this motha upwards, considering the promise of imminent Li JORC and (fingers, toes, testicles & tits crossed) processing deal at Morila for all that shallow Massigui gold....
I got in to BGS in the low 30's, so much later than some. Still very happy with the gains made so far - long may they continue
Thank God for this thread. I have punted on 6 stocks. BGS is the ONLY one in the green. I have promised myself to leave all 6 stocks alone for 12 months. AJM, BGS, DCC, MTH, PIO, TRY.