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Traders and Investors,

I just got back from a short vacation, I hope you've all been well. 

Tomorrow we've got an awesome trade idea to focus on with a small float and breakout chart.

The ticker is Bravura Ventures Corp (BRVVF).

Let's check the chart out first.

There is no mistaking the force of the technical breakout occurring right now. Having consolidated around $0.4 for a month, BRVVF has started to move higher with increased volume and momentum.

BRVVF operates in the gold and cobalt mining space.

We all know gold prices are surging, but the lesser known metal Cobalt is all the rage in the markets right now.

If 2016 was known as the year for lithium, 2017 will definitely be remembered as the year of Cobalt.

The price per ton of Cobalt has soared by almost 70% already this year, driven by a near-insatiable demand for rechargeable batteries and the growing popularity of electric cars.

Cobalt is a key ingredient used in lithium-ion batteries that power everything from Apple products to Tesla cars. 

Bullish investors have pushed Tesla and Apple stock to record highs, but a steady supply of cobalt will be crucial to making their plans a reality. In part, fears about cobalt’s scarcity are behind the metal’s recent price surge. Cobalt is hard to get a hold of, and the market remains relatively small—93,000 metric tons were produced in 2016.

Traders and investors are likely to continue searching for undervalued, undiscovered miners in this space. And that's why interest in BRVVF is surging.





Bravura Ventures Corp (BRVVF) is a Vancouver based resource company with a primary focus on advanced stage gold projects and under explored cobalt projects within North America.

Bravura ventures is led by a diversified team of professionals with combined backgrounds in finance, mining, acquisitions and exploration experience including, due diligence, permitting and advanced stage planning. Currently Bravura is in the process of reviewing potential property acquisitions and Joint Ventures in the cobalt space.

Grew Creek Project

The Grew Creek Project consists of 670 claims located along the Robert Campbell Highway, midway between Faro and Ross River, Yukon.

• Contains the Carlos gold zone; a zone of gold mineralization defined by core and RC drilling over an area of 300 m along strike 100 meters wide and 400 meters deep

• Bravura drill intercepts from the Carlos Zone include:

  • GCRC11-328 with 68.0 m of 5.96 g/t gold & 24.1 g/t silver including 4.0 m of 63.15 g/t gold and 344.0 g/t silver;(1)

  • GC10-001 with 146.3 m of 1.72 g/t gold  including 3.1 m of 17.93 g/t gold, 32.2 m of 2.80 g/t gold and 15.7 m of 2.90 g/t gold;(2) and

  • GC11-281 with 92.0 m of 2.02 g/t gold including 44.0 m of 3.09 g/t gold.

• The Carlos Zone remains open at depth and there is potential to discover deposits similar to the Carlos Zone along strike

• Year-round access and  located ~900 m from the highway with power lines traversing the project area

Musgrove Creek

Musgrove Creek is an advanced gold exploration project located in Lemhi County, Idaho, approximately 24 km (15 miles) southwest of the Beartrack Gold Mine previously operated by Meridian Gold Inc.

Musgrove Creek contains a historical NI 43-101 Inferred Mineral Resource estimate of 8 million tonnes at 1.22 g/t Au (0.036 oz/ton) at a gold cut-off of 0.8 g/t (0.023 oz/ton).

Geologically, Musgrove Creek has potential for a large low-grade epithermal gold deposit similar to the nearby Beartrack Mine.

The property is one of many mineral deposits that occur within a major northeast-southwest-trending structural zone known as the Trans-Challis Fault System.

These deposits include the Beartrack Mine and other historic producers to the northeast of the property, and Hecla Mining Co.’s Grouse Creek Mine and other past producers to the southwest.

You can learn more on their website https://bravuraventures.com/


Major Cobalt Acquisition

Just last month, BRVVF announced the closing of the acquisition of its second Cobalt prospect in Ontario, Canada.

BRVVF announced that it has closed its previously announced acquisition of 1033602 Canada Inc. pursuant to a share exchange agreement, dated July 28, 2017, among Bravura, the Target and the shareholders of the Target. The Target holds the approximately 1000 hectare Rabbit Cobalt-Gold-Nickel-Silver Property located 55km south of Cobalt, Ontario.

Pursuant to the Share Exchange Agreement Bravura paid a cash payment of $350,000 and issued a total of 4,000,000 common shares in the capital of the Company (the "Share"), to the shareholders of the Target in exchange for 1,000,000 Class A common shares in the capital of the Target (the "Acquisition"). A finder's fee in the amount of $35,000 was paid in connection with the Acquisition.

Greg Burns, CEO commented "This is a great step to our overall goal of expanding our land package and developing a resource in the town of Cobalt. Also with other recent company consolidations/acquisitions in the area it has reinforced our position on the project and direction of the company."

Major Private Placement

The acquisition news above preceded news that the Company is pressing ahead with a $2m private placement. 

The company expects to exceed the previously announced $2-million offering and plans to proceed with the overallotment option of the financing. The company anticipates closing on an oversubscribed basis.

"I'm very pleased to see the public has taken a great interest in the sector and projects we are working on. We will continue to asses and look to acquire projects that fit our mandate of securing strong cobalt resources in favourable environments."

So, as you can see, BRVVF is running hot right now. It's chart is one of the most bullish I see right now 

Gold prices are surging, and cobalt is the darling of the market right now. This trend could continue for some time to come.

BRVVF has a foot in both camps.

And the news BRVVF has recently announced are major catalysts for continued investor interest, and could help the momentum accelerate going forward.

Make sure you get BRVVF on your screen right now, do your homework, and be ready to trade at the opening bell.


To your success,

 

Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.