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Bluebird Mining Ventures: Optimo Capital

16:47, 28th October 2024

Bluebird Mining Ventures is a South Korea focused resources company bringing old gold mines back to life. Rehabilitating old mines is far quicker and cheaper than funding exploration. Production at these mines stopped a few decades ago due to a low gold price (under US$140/oz). Production economics at the current gold price are now highly attractive. The management team is attempting to fast track the reopening of two gold mines in South Korea where the jurisdiction is mining industry supportive.

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