Club Mulgoa

Thursday, August 09, 2012

BDR

http://www.theaustralian.com.au/business/wall-street-journal/anglo-american-in-tucano-project-tie-up-with-beadell-resources/story-fnay3vxj-1226446770717

When a big boy becomes interested, you get some rats suddenly joining the ranks.  While BDR has been rising again lately after a big tumble, you can expect an announcement like the above to attract the attention of speculators.... and slow investors.  If you look at how much gold BDR has postulated, then the share price should have been much higher!  The JV is more for the iron bands in the Brazilian deposits.

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