Buscar Company (CGLD)

[proftstocksny2]

I checked their assays and geological appraisal documents with gold mining standards. Looks like they have high quality reserves under conservative assumptions and gold at $1200/ounce in the appraisal.

Ada Vein West has 1oz/ton, though Otto Vein has the most volume by far with 0.5oz/ton, so actually the most value.

This is some serious value here and their digging 5 tons per day in the Ada Drift Tunnel, not next year, but by year end, within a few months, makes me very excited.

I don't think the average trader on iHub recognizes the size of company coming into what effectively was a shell. I cannot see how, with a 3.2mn share float for at least the next 2 years can stay under a few dollars for too long. We should be over $1 early next week imo, and won't look back after that.

https://a4270d14-14b9-4db5-b44e-ca57d78cafd8.filesusr.com/ugd/b0eadd_909642b968ef40c79d01824b081a5714.pdf