Barton Gold - a thinking man's gold stock
We first covered Barton Gold on 5/11/22, when the share price was 14c. It is now 22c, having peaked at 38c in January, which is a good result given what the rest of the market has been doing. Back then we suggested that " ... it could be a serious gold producer in the making". We attended a presentation last week following the announcement that its 100%-owned Tunkillia Mineral Resource in South Australia had grown by 20% to 1.15 Moz of gold.
The presentation last week was a good example of sound, responsible promotion. It wasn't a case of selling the sizzle. It was an analytical, well-articulated explanation of what the assets base is and what it may become, with continued exploration success. It could appeal to investors that want to back a well-focused gold growth company as opposed to a hot speculative trade. As the title of this Weekly says, it is a thinking ma's gold company. At the current $40m market capitalisation, the shares are inexpensive.