Bravada Gold Corp (TSXV:BVA) President & CEO Joseph A Kizis, Jr. Interviewed by Jay Taylor on Face the Analyst - Video of Interview Posted on www.InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, February 1, 2012 - Jay Taylor, Editor of J.
Taylor's Gold, Energy & Tech Stocks Report, and Publisher
atwww.jaytaylormedia.com, interviews Joseph A Kizis, Jr., President & CEO of
Bravada Gold Corp (TSXV:BVA).
Subsequent to the interview, Taylor gave the company a buy recommendation in the
latest edition of his newsletter, and stated "Unbelievable! That was the
reaction I had when I interviewed this company's CEO in Vancouver last week. The
stock has a market cap of about $9 million."
This video is one of Jay Taylor's "Face the Analyst" series of interviews, and
is available for viewing on InvestmentPitch.com. If this link is not enabled,
please visit www.InvestmentPitch.com and enter "Bravada" in the search box.
Highlights of the Report:
The report stated that the company's Wind Mountain Project in northwestern
Nevada, located in the Walker Lane Trend, was an open-pit, heap-leach producer
in the past. The exploration potential is enormous with the likelihood of
expanding the deposit to the north, and there are likely more deposits on the
property that have not yet been drilled. Also, infill drilling combined with a
lower cutoff grade would also likely add considerable ounces to the 2007
resource of 938,000 ounces of gold.
In 2010, a Preliminary Economic Assessment was performed that assigned a 5%
discounted net present value of $15 million. While this is a marginal number, if
you increase the metals prices by 20%, to $1,050 gold and $17.40 silver, the NPV
of this project leaps to $45 million. If that level of sensitivity results at
higher gold price levels, we could be looking at a 5% NPV of $115 million at
$1,468 gold and $25 silver.
While Wind Mountain is the company's flagship property, there are two other top
priority projects in Nevada that Bravada plans to more forward. Those are the
Quito Project located in the Austin Trend, and the Cortez District Project,
which includes the Granite Mountain/Colorback and the NSR North and NSR South
properties.
The risk/reward trade off here looks to be positive to the extreme. As with all
junior exploration companies, a major risk is always that of shareholder
dilution, but the fact that management and insiders hold approximately 30% of
the stock should help to protect investors against shareholder dilution.
Taylor further commented, "It is my view that as this story is told and the
market begins to see that this company has the potential to establish sizeable
gold deposits, the markets will likely warm to this story, sending these shares
several-fold higher than they are at their current lowly level."
The shares currently trade at $0.08, and with approximately 114 million shares
outstanding, the company is capitalized at $9 million.
For more information, please visit Bravada's website at www.bravadagold.com,
phone Liana Shahinian at 604-641-2773 or email liana(at)mnxltd.com.
InvestmentPitch.com is a multimedia company that provides a combined solution
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604-684-5524
bmorgan(at)investmentpitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1581952]
Unternehmensinformation / Kurzprofil:
Datum: 01.02.2012 - 18:02 Uhr
Sprache: Deutsch
News-ID 110108
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Kategorie:
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