Trading Idea: Brixton Metals (BBB.V / BBBXF)There is the bear market in precious metals from 2011 in a stock. There couldn't be worst timing for listing the Brixton Metals than the 2011 top in gold. Nevertheless - there we are. The gold bull market is here and thus my trade idea. I guess we all see the technicals pretty well so I will post only the fundamentals regarding the company:
1. Stage: Early Delineation (porphyry confirmed + strong Au intercepts, but no resource/PEA yet).
2. Financing: JV deals (Ivanhoe, Eldorado) cover G&A. BHP on the register → secured runway for next programs.
3. Information Risk: no resource, no NPV/IRR yet → medium risk.
✅ New geological model / reinterpretation (UBC porphyry index + new surface work)
✅ First drill holes show scale (Trapper: 64 m @ 5.7 g/t Au)
✅ Large, consolidated land package (2945 km², 100% Brixton)
✅ Early discovery stage (new porphyries, no drilling yet)
✅ Small market cap / manageable float (<$100M)
✅ Financing secured for current program (JV + BHP participation)
✅ Structured newsflow (soil → model → drilling → assays)
✅ Active management / storytelling (CEO interviews, regular updates)
✅ Historical production / showings (discovery 1952, legacy work)
✅ Regional context (Golden Triangle – proven district)
Don't forget to do your own research!
