I just want to extend a ‘thank you’ to Micam - for your great post on 24 May this year. I got back into BDR a few days later largely as a result of that. (I held BDR for much of 2011 but exited because I felt I was fighting the trend.)
I think BDR is a good medium-term play, ie. next few years.
However as some here have noted, moving from explorer to producer rarely proceeds without some problems. So I’ll be pleasantly surprised if the ramp up to full production goes smoothly, but I won’t be surprised if the share price takes one or two knocks (hopefully minor) in the meantime while management sorts out any issues that arise.
Having 5 brokers rating BDR a ‘strong buy’ also makes me a little nervous.
Thanks also to Reddragon – I’ve found your BDR posts in the last few days thoughtful and informative.
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