Over the course of the past week or so, many mining companies involved in gold exploration have seen their stocks soar. Hence, it was no surprise that RICH TV decided to focus on mining company Blue Lagoon Resources (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) in its’ latest video release today. The Chief Executive Officer of the company Rana Vig appeared on the show and spoke at length about different aspects of the company.
All About the Company
Vig stated that Blue Lagoon is still a relatively new company and it was only in July last year that the company went public. Vig also spoke about his own background with regards to his career. He said that for over the past three decades, he has almost entirely been involved with private enterprises.
During that time, he was involved with as many as five startups and it was not until a decade ago that he got experience of the capital markets through his work in the mining sector.
After burning his hands in the mining collapse of 2010-11, Vig left the sector and worked in the cannabis sector. However, he made a comeback to the mining sector with the launch of Blue Lagoon Resources after realizing that gold could be the next big thing.
Vig claimed that he applied all the knowledge that he had imbibed over the course of the previous decade had been used to make Blue Lagoon a success. The company is focused on gold and considering the trajectory of the gold price this year, it is likely that the Blue Lagoon stock is going to be in focus among many investors.
More importantly, Vig stated that he expects Blue Lagoon to be the ‘next big win’ in his career. He also revealed that the company has full permission to carry on mining activities at a gold mine located in Northern British Columbia. It is not only a politically non-volatile property, but it has got all the necessary environmental permits and the necessary mining permits as well.
Recently, the company also provided an update with regards to the Dome Mountain Gold Project under its control. The Chief Geologist of the company revealed that the results from one of the holes have proven to be ‘highly encouraging’. It is a major announcement as well and one that could catch the attention of big-ticket investors.
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