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Bluestone Resources – Results From the Recent Infill Drill Program Preparing For the Resource Update and Feasibility Study

Cory
June 15, 2021

Jack Lundin, President and CEO of Bluestone Resources (TSX.V:BSR – OTCQB:BBSRF) joins us to provide an overview of the recently completed infill drill campaign on the Salinas silica cap, at the Cerro Blanco project in Guatemala. The company transitioned last year from an underground mining concept, to an open-pit model, so these near-surface long intervals of mineralization, announced in the exploration results on June 14th, will be used to move resources from indicated to measured for the upcoming resource update. Jack reviews the other work underway for the balance of the year as the company moves towards their feasibility study, and ultimately a construction decision.

Please email us with any follow up questions for Jack regarding Bluestone Resources to Fleck@kereport.com or Shad@kereport.com.

Click here to visit the Bluestone Resources website and read over the recent drill results.

Discussion
12 Comments
    Jun 15, 2021 15:12 PM

    Thank you bluestone 🙌

    Gold update!

    We are bang on right in line. I’ve been a buyer of brixton since the double bottom in gold two months ago glad I waited and Scorpio. Continue to buy on weakness and if tomorrow brings lower prices I will be left with roughly 5% of my cash left. I’m going heavy as I really sense a turn here.

    I would have like to have accumulated impact at .46 and if it’s not the case I’m not chasing. However the people who referred brixton, Scorpio I believe in so I have gone I heavily these last few days. I’ve also gone into two different companies one that I will share at a later date. I think tomorrow will mark the bottom and if it doesn’t then the wait is longer. The way I see it, the miners are holding strong on the line. I think we’ll I hope we are about to finally see miners take the lead. And I believe this next daily cycle within the intermediate trend is going to be massively explosive!!

    Glen

    Ps

    Iamgold biggest position i have..have added $3.30 my average cost
    Brixton my second largest holding .20
    Scorpio my third largest .11 average cost
    Newgold I have held for long
    Golden star resources have held for long

    4 other miners of which one is from ages ago and a turnaround story

    Best of luck to all

      Jun 15, 2021 15:40 PM

      Glenfidish – Thanks for sharing those companies and your thoughts on how you weight some of them inside your portfolio.

    Jun 15, 2021 15:14 PM

    I’m weighted about 38% on iamgold which means of it goes back to it’s all time high I’m done for sometime. Heavy and all in..

    I wish you guys the best as well

    Jun 15, 2021 15:18 PM

    Also own impact .30 cost 5th largest position

    Jun 15, 2021 15:31 PM

    Thank you ex

    I wish I had more impact, may dip in to great panther tomorrow and one I really regret big time which I never spoke about here was Santa Cruz which I was going to go heavily on and then I missed that boat. Bieber I think they will all do well.

    One of the ones I’m holding back was actually recommended by you when you made your list I think about a month or more regarding small/cap , mid cap and large cap selections.

    Let’s see how it goes and forgets up 🤞

      Jun 15, 2021 15:24 PM

      Yes, Santacruz Silver is a peppy stock as the smallest Silver producer with 2 active mines, and is much like Impact Silver in many regards. I like the exploration upside more at Impact that at Santacruz, but have noticed they don’t always run at the same time, and like swing-trading around the core position in both stocks.

    Jun 15, 2021 15:34 PM

    Forgets=forever up

    Doc have you been a buyer? What are your thoughts.

    Matthew I’m sure we are close to the turn?

    Anyone else feel free to let the ker know your thoughts on direction. Tomorrow a big day

      Jun 15, 2021 15:02 PM

      Glenfidish, I mentioned about two weeks ago that I was holding off for about two weeks to see where things end up. I’m expecting to do some buying later this week. Though, I’m in no rush here.
      Thanks for keeping us posted and for sharing your top holdings.
      I’d be interested in hearing if Doc or Matthew see a pivotal change here that would encourage some of us on the sidelines to step in a bit.
      Doc, you have a tendency to indicate you continue to nibble, but don’t feel it’s time to buy in any size. When might that view change? Thanks..

        Jun 15, 2021 15:27 PM

        I’m in a similar mode Canuckski, and raised some funds 2-3 weeks back to capitalize on any weakness we see in the miners in June, but am waiting to see if we see a more pronounced break lower in the miners, or if things just trade sideways and rangebound.

        Doc left some good comments on how he sees the next month or two going over at the bottom of the Generation Mining blog today that may address your last question and what he’s anticipating.

          Jun 16, 2021 16:17 PM

          OK thanks much Excelsior.

    BDC
    Jun 16, 2021 16:46 AM

    Labrador Gold: https://postimg.cc/YGSmwrHc
    Today in range!