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16/08/18
12:15
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Originally posted by flaming
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The cheer leaders are all beaten to death.
Can't speak anymore. There is nothing to talk.
I got out of BDR completely few weeks ago. Took a hefty loss......but overall in last 4 years BDR made good money for me. Now it is not even worth a trade anymore until the plant upgrade completion and the results of the new plant. That is 6-9 months away.
I made that public.
As bad as BDR is.....my other healthy gold stocks have fared no better......are down more than BDR in percentage terms in the last few weeks.
It is a difficult gold market. The good ones are culled with the bad.
Yet there seems to be confidence in BDR from those new substantial holders who have taken the whole lot of this recent cap raise. I personally will wait for the results of the plant upgrade.
This downturn has almost become or is worse than the 2015. It is difficult to stay bullish on gold now.
I have taken a beating on all of my other gold exposures. Beating would be an understatement. Destroyed.
They have butchered my stock. It's painful.
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Yeah that's tough mate. I've been out of goodies for almost exactly 12 months now. Maybe through a bit of luck I saw an opportunity elsewhere. Intriguing to see the gold price where it is today and unfortunately not being able to help marginal producers. I hope whatever investments you're in do well.