Bluebird Merchant Ventures is a South Korea-focused resources company which is bringing old gold mines back to life. It is far quicker and cheaper to rehabilitate old gold mines than fund exploration, mines where production was curtailed a couple of decades ago due to a low gold price (under US$140/oz). Recently, Bluebird gained a binding agreement for a US$5-20m gold streaming style deal to fund reopening its gold mines.
06 Aug 2020
Potentially industry leading gold producer in South Korea which is now on the cusp of a 100,000oz pa low-cost production profile
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Potentially industry leading gold producer in South Korea which is now on the cusp of a 100,000oz pa low-cost production profile
Bluebird Merchant Ventures Ltd. (BMV:LON) | 0.6 0 0.0% | Mkt Cap: 4.46m
- Published:
06 Aug 2020 -
Author:
Dr. Michael Green -
Pages:
29
Bluebird Merchant Ventures is a South Korea-focused resources company which is bringing old gold mines back to life. It is far quicker and cheaper to rehabilitate old gold mines than fund exploration, mines where production was curtailed a couple of decades ago due to a low gold price (under US$140/oz). Recently, Bluebird gained a binding agreement for a US$5-20m gold streaming style deal to fund reopening its gold mines.