While BDR is extremely risky, I’m taking a gamble and holding for following reasons-
1/ Gold is showing strong bottoming indicators as explained in above analysis
2/ If BDR plant upgrade, etc take off in a strong gold environment, BDR could fare well
3/ Directors showed support in recent capital raise – no one would ideally throw 100s of thousands of dollars at a completely sinking ship
4/ Short position at multi year low https://www.shortman.com.au/stock?q=bdr
Yes very risky and I do acknowledge it. BDR is however one of many goldies that I hold
Cheers
BDR Price at posting:
5.1¢ Sentiment: None Disclosure: Held
