Opinions
James West
Tembo Gold
TEM-X
TOP PICK
Mar 05, 2012
Developing the extensions of Bulyanhulu, Barrick’s (ABX-T) 15 million gold project in Tanzania. They have the ground immediately to the north-east of it. Have a very good shot at becoming another large similar geology scenario as Bulyanhulu.
$2.140
Stock price when the opinion was issued
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COMMENT
They are not so concerned about whether or not that they have the extension of the Bulyanhulu deposit which has 2 m veins. They've actually been encountering wider intercepts and have encountered a 23 m intercept rating 3 g per ton of gold. This is indicative that the extension might actually be richer. They are more concerned about what they are going to do with the miners who are eking out a living on the surface.
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