Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Bard Ventures (CVE:CBS) was up 7.69% on Friday, bucking a down day in the markets when the S&P/TSX Composite index was down 2.34%, after the company announced drill results of 70.49 gm/t silver over 214.7m at Lone Pine Property.
Bard Ventures said that the positive results received from drill hole BD-11-69 demonstrate the continuity of high grade molybdenum (Mo), copper (Cu) and silver (Ag) mineralization over a horizontal distance of 131 meters from drill hole BDQ-08-03 through BD-11-69 to BDQ-08-04.
The Property is located 15 kilometers north-northwest of Houston, BC and is situated in the Omineca Mining Division.
