Company Interviews

Bluestone Resources (TSXV: BSR) - Incredibly Low $579 AISC, High-Grade Permitted Gold Developer


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Interview with Darren Klinck, President and CEO of Gold Developer, Bluestone Resources (TSXV: BSR)Cerro Blanco was originally developed by Gold Corp and had $170M of underground spent to date + $60 on a geothermal project. Acquired in 2017. Currently putting project finance together. Feasibility Study shows 34% IRR. Producing 146,0000z a year for first three years driving early cashflow.

Cerro Blanco will generate more cashflow than its current enterprise value in the first year of production. It's fully permitted. So now they are focused on identifying the best finance solution for this project.

Low market cap. Not being given value. We trying and work out why. How are they telling this story in the market? Bluestone has a strong institutional investor base, including the Lundin Family.

Company page: https://bluestoneresources.ca/

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