You would have to hope the mine contract was signed to pay the new Brazilian mine contractor in Real not like the old MACA contract(Jackson loathed this contract...now we all know why)...we can only hope new BDR management learnt something from that debarkle...thus the reference to the 3 million mining saving each quarter would be all about the current Brazilian Real gold price which is only going higher by the look of the current emerging markets crash... The total control of the world financial system by the US banks to drive the oil price higher to save their shale industry and finance markets to save their pension funds is now seeing the world emerging market blowup.....this blowup should send the US game into the final quarter with an end game whistle very soon.....with blow back on the good old USA markets coming very shortly...and the beat goes on....
Move that dirt...
BDR Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held