As predicted a poor gold production quarter...bdr cannot make money at 1g/t......however total material moved in the quarterly wet season has skyrocketed as compared to past wet season quarters.....an indication that once the upgraded mill is in place the wet seaon will not affect mining operations....sadly the high grade current mill compatible gold ore not mined in the Dec quarter from Monkey Hill sits underwater....but still there for the upcoming dry season...So Bdr needs cash to get to the finish line for June dry season and mill upgrade completion.....IMO bdr will raise around 25m usd from Canadian sources and finalise the 60m usd Sprott deal by weeks end.....so burnt toast till then....
Urucum will also be very very ready to mine in June too.......
Move that dirt....
BDR Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held