BIG RIVER GOLD (BRV) Shares
ABOUT BIG RIVER GOLD
Big River Gold Limited, previously Crusader Resources Limited, is a specialized minerals exploration Group focused on advancing its wholly owned Borborema Gold Project in Brazil.
An open pit gold project with strong economics, the Group is focused on advancing Borborema through a Bankable Feasibility Study and towards a mine construction decision. All major permits required to commence construction of the mine have been granted. Borborema has a 2.43Moz JORC Code Compliant Mineral Resource estimate and 42.4Mt Ore Reserve containing 1.61Moz gold at 1.18 g/t.
With a history of over 12 years’ in-country experience, the Group has forged a reputation in the Brazilian mining community as a company which understands the local environment and can successfully develop projects and deliver results to shareholders.
OVERVIEW OF BIG RIVER GOLD
Big River Gold’s Borborema Gold project is a significant undeveloped gold resource. The project is in the Seridó area of the Borborema province, within the State of Rio Grande do Norte in north eastern Brazil. Borborema consists of three mining leases covering a total area of 29 km² plus freehold title to the property over the main prospect area.
Due to the prioritization of economic projects by the region, the project enjoys strong local and governmental support with the company encouraged to fast-track the development of the project following the issue of the installation licence.
The Group’s Manga Lithium project (previously explored for tin and indium) is in the north east of Goias state, Central Brazil. Crusader explored the ground for tin, indium and gold mineralisation in the region during 2007 and later mapped, soil sampled, rock chipped and drilled 15 reverse circulation holes, compiling an initial database of geological information about the area.
The Group has also recently completed negotiations with the Portuguese Government to be awarded the exploration licence for the Gaia lithium project, located in the Gonҫalo-Guarda region, 220km from the city of Porto, north Portugal, and 290km from the capital Lisbon.
The Group intends to conduct an exploration programme focused on potential extensions of the Alvarrões lepidolite mine, focusing mainly on geologic mapping, geochemical sampling, rock chipping, trenching and drilling.
VISION & VALUES OF BIG RIVER GOLD
Big River Gold recognizes the importance of and its obligations for conducting its business in a manner that sustains and protects the earth’s environment. The Group is committed to environmental principles which minimize the impact of its operations on the areas where it conducts its
The Group’s management team works closely with the respective government agencies in order to promote local development, minimize environmental impact, and provide appropriate rehabilitation in the affected areas.
The Group respects the culture and tradition of the communities in which it operates. The potential consequences its acts have on the local community are always taken into consideration in its decision-making process.
The Group hires local labour whenever possible and acts closely with the community councils in order to ensure its operations do not affect the livelihood of residents.
MARKET PERFORMANCE OF BIG RIVER GOLD
Big River Gold Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –BRV.
Data from the Group’s 2019 financial analysis shows that the Group incurred a loss of US Dollar 14 106 714, which was inclusive of a US Dollar 7 986 889 non-cash impairment charge and experienced net cash outflows from operating and investing activities of US Dollar 7 006 634. The Group had a net current liability position of US Dollar 837 816. Cash and cash equivalents totaled US Dollar 432 228.
Despite the recent dip in revenue, the Group’s prospects with regards to the expansion of its project portfolio sets it in good stead to gather returns going forward, providing a rising share price for investors with good long-term growth in dividends, securing a solid buy-in for those who choose to purchase shares today.
Buy BIG RIVER GOLD stocks / shares – A Step by Step Guide how to Buy / Purchase BIG RIVER GOLD Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy BIG RIVER GOLD Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN BIG RIVER GOLD STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE BIG RIVER GOLD STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of BIG RIVER GOLD stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy BIG RIVER GOLD stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?