Seems like it. Just as long as they can show us they are a low cost producer we should be very happy. Lets just say at 22c market cap is 186 mill. If they produce 200,000 ounces at 800 per ounce at say 200 profit we should be making 80 mill min. That will be a PE of 2. The key is the next report and the all in cash costs!
What if gold recovers to 1300 plus and BDR make 500 per ounce? Ill be dancing in my clown suit all the way to the bank!! Goodluck danhoff and good luck **riel
BDR Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
