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BFGC (Bullfrog Gold Corp.)


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bfcgBullfrog Gold Corp. (BFGC) is a U.S gold and silver exploration company whose primary areas of exploration are presently located in the prolific areas of Arizona and Nevada.

 

 

Symbol: BFGC   [ Current PPS: $0.207   Outstanding Shares: 44M   Float: 33.5M   – a/o October 8, 2013 ]

bfcg chart

Website www.bullfroggold.com

 

Company

Located within 25 miles of Arizona’s largest and highest grade gold mine is BFGC’s Newsboy Gold Project that stretches across 7,400 acres where historic resources estimate this area to contain 3.4 million ounces of silver and 235,000 ounces of gold. In nearby Nevada is the company’s two additional projects known as The Bullfrog and Klondike Project that are also located in well-known mining regions such as The Montgomery-Shoshone area that has produced over 2.3 million ounce of gold. BFGC’s Bullfrog Project, located only one mile away from The Montgomery-Shoshone area,  has a total property covering over 1,600 acres with 79 claims while the Klondike Project covers 4,640 acres and nearly all of Nevada’s Alpha Mining District.

 

Market

  • The average price of gold in 2012 was $1,669 per ounce
  • The average price of gold in Q1 of 2013 ranged from $1,537 – $1,693 per Ounce with an average price of $1,631.80.
  • In April of 2013, the price of gold plunged to $1,200 however it has grown over +10% in the past month to the current price of $1,324 per ounce.
  • Multiple experts forecast gold prices to reach an estimated $1,500 by the end of 2013
  • It is important to keep in mind that there is a limited supply of gold and silver and there will always be a huge demand for both; so the resurgence in the price of these precious metals is inevitable.

 

Recent News

 

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