Blue Lagoon Resources Inc BLAGF

$BLAGF i understand the Beaver Creek Consortium starts this week on Tuesday. Should bring some positive news and vibes to BLAGF and other miners as well

$BLAGF Blue Lagoon posted a loss for q2 due to development expenses being higher than I expected. I think the decision to spend more money developing the mine infrastructure is okay, but could have been more clearly presented to the street. I think $10MM investment by Nicola and Ocean partners who are processing the ore tells you all you need to know. Exploration data from McKendrick and Alpine veins should get released by November and pop the stock. Nov q should be profitable depending on development spending.

$BLAGF drill program starting

$BLAGF Let the DRILLING commence!!!!!

$BLAGF The company completed its audited financials and now analysts will be better able to build models and write reports. The first quarter had a loss, and the fy ended 3.31.26 had a loss of a $6MM so the going concern remains. Next quarter should be profitable and the going concern may get dropped. I heard Rana say they are at 148 tons per day so 150 tpd is not far away. With gold soaring, I remain very optimistic that the company will break over 81 cents and drilling should commence in September or October.

$BLAGF It is insane that anyone would be willing to sell this stock down here

$BLAGF Producing miner with positive cashflow and 90% unexplored claim with potential 11 mile strike zone selling for next to nothing???? This is insanely cheap regardless of current world events.

$BLAGF https://finance.yahoo.com/markets/commodities/articles/blue-lagoon-surpasses-10-million-110000693.html this announcement of 125 tons per day is a 25% increase from the 100 TPD announced on May 19th. This 125 TPD rate annualizes our June 100 TPD monthly CF of $1,662,868 at $4000/ounce to $24,943,020. The industry market cap to cash flow multiple from SA is 8.44 for forward CF or $210,519,088 market cap at year end $1.38 /share. But the release says that production will grow to 150 TPD soon. Additionally, I believe they hope to get to 200 TPD by year end, but we are still waiting to get to 150 TPD. The annualized year CF at 150TPD =$29,931624. At 8.44 mkt/cf share = $252,622,905 or 1.66 per share. The transaction to bring in Big Onion should lay off $2MM in future development costs and add another mining operation that should derisk Blue Lagoon. $10MM in revenues is confirmation that BLAGF is starting to mine in a predictable steady manner off of which the company should continue to expand mining and commence the drilling in September. Solid mining progress!