Ann: Capital Raising Completed, page-16

Morning Guys,

A terrible state of affairs, obviously, for shareholders and I fully agree with your collective sentiment about various Board Members, past CEO's and CFO.

I have it on good authority (but treat it as idle speculation) that even the current CEO's inner circle only ascribe a 50/50 chance of her turning BDR around ... and that was when USD gold was c. $75 oz higher.

Good luck to the longs and genuine commiserations to those who have lost money.

One possible sliver of hope is that James Flanagan (GANN analyst) is starting to think that the latest HUI capitulation could mark a possible bottoming for gold stocks (if not gold) ... but whether that will help BDR is another matter.

Cheers
John