Have been following BDR for many years but never purchased any shares. For a production company there was way too much emphasis on 'exploration results' and blue sky.
I have not been able to find any evidence in the FS that metallurgy testing of the sulfide ore was carried out. Extracting gold from sulfide ore is generally problematic. What testing has been carried out to show that fine grinding will release the gold from the sulfide ore?
Many other issues have been raised but for me this is a show stopper. Time will tell.
BDR Price at posting:
6.9¢ Sentiment: None Disclosure: Not Held
