I wonder if GDXJ has finished rebalancing its shareholding in BDR. I think they usually do it on a Friday but may not have completed this activity and then they continue on the following Monday. GDXJ could be doing some of the selling today so perhaps a rebound of 1-1.5 cents may take place.
I bought back my small holding at less than half the price at which I sold (at a small loss).
If the share price halves from here (a real possibility) then I will sell again at a loss. This is just a small gamble for me as entertainment. lol
Sorry for the pain this has inflicted, but its not altogether surprising.
I guess Lundin and Sprott see value in BDR's assets, but perhaps that will happen after more share dilution and their possible cheap takeover!
The upside I see is that BDR will need to give vastly more detail in its quarterly reports to conform with the TSX listing requirements.
GLA.
loki
BDR Price at posting:
7.6¢ Sentiment: None Disclosure: Held
