BDR 0.00% 6.5¢ beadell resources limited

Sorry Flaming You are a bit behind I sold out PRU in January and...

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  1. 5,747 Posts.
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    Sorry Flaming
    You are a bit behind
    I sold out PRU in January
    and hardly traded it for 6 weeks.
    Even sold down my RSG recently.
    Only long on AQG now
    I too bought a couple of trading parcels SLR at 34.5
    Still holding but will offload

    Go back over the last 5 years of BDR production
    and it is clear even at 150k oz and gold at $1500
    BDR cannot make money.

    The fact is that the grades just are not good enough
    Duckhead was a little oasis in a huge desert

    Cheers
 
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