Club Mulgoa

Monday, August 01, 2011

BDR

If you go to minesite.com, you will see "things" happening in Kalgoorlie, possibly Australia's biggest drinking hole at the moment.

http://minesite.com/news/diary-of-a-private-investor-at-diggers-and-dealers-day-one-gold-takes-centre-stage

And there is a little ending note regarding BDR. The news is all good for this stock... but why isn't the share price reflecting its good fortune? It is loaded with cash, too. The discovery of Fe and Au in Brazil has been continuously good yet the share price does not reflect the quality and extrapolated quantity of the find. Already, there is a JORC-compliant resource estimate. These drilling results just add onto it.

Still, few people want it and even more fascinating are the idiotic sellers getting rid of their stocks. Dow went down today after the debt level issue was settle and POG went up again while AUD fell back a little to below USD$1.10. Why people won't buy BDR is a big puzzle for this pea-brained gasman! My latest top up late last week was at 85.5c per share. It went down the next day!

0 Comments:

Post a Comment

<< Home