BLZ 0.00% 0.6¢ blaze minerals limited

BLZ - many baggers potential?

  1. 2,531 Posts.
    lightbulb Created with Sketch. 911
    Thanks the information from @michael job and @john435

    Regarding below points, can we see a run to 10c+ in coming weeks for BLZ which would be an RGL 2.0
    IMO BLZ will soon start drilling program at a large untested anomaly, take a look at RMS data abutting to BLZ land. The gold system also follows the faults and has some extremely high grade sections as shown by RMS and their 20m hit at 645 g/t

    1. Basic information,
    • SOI 210 mil (tight structure)
    • MC ~6.9m ( low MC compared with peers, but too much undervalued for what they have)
    • Cash $1.38m + CR 1.31mil = ~2.7mil
    2. Ground location very near RMS and MGV

    3. Major Share holders

    • Tolga Kumova
    • Evan Cranston
    • Matthew Walker
    • Klaus Eckhof
    • Glen Goulds
    4. Adaman their immediate neighbour along fault have a 550k oz mineral resource with some very nice gold hits such as:
    • 33m at 7.8g/t Au,
    • 24m at 7.7g/t Au,
    • 9m at 10.6g/t Au, and
    • 13m at 5.3g/t Au.

    https://www.adamanresources.com.au/

    5. Further along strike, nearby player RMS hit up to 645 g/t at their Mt Magnet project

    https://hotcopper.com.au/data/attachments/2309/2309220-c397209d9c0bb903f513acd4989e73a1.jpg


    6. MGV nearby and recently announced some spectacular intercepts at their starlight project.

    https://hotcopper.com.au/data/attachments/2309/2309222-b142f4d3901cf2acfe7195eb6fa963c6.jpg


    There's no question that the region has produced some incredible gold drilling results in recent years. The question is if $BLZ can replicate this success.
    To test this they have acquired an option over a highly prospective chunk of dirt with a giant big drill ready gold anomaly which they have already submitted a POW for and plan to drill ASAP

    https://hotcopper.com.au/data/attachments/2309/2309226-2766a96807effb1a93cb29349169d648.jpg

    With the location, team and register to support a discovery,BLZ are in my view too much undervalued.

    https://hotcopper.com.au/data/attachments/2309/2309230-37a6b4b680e62bffb2e1515368108685.jpg
 
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