Ann: December 2016 Quarterly Report, page-48

Totally Agree Col.

This isn't about white anting, it is about actually acknowledging what is going on. They have had their chances but first it was fixing the old managements mess, then it was the wet q2, and so the excuses continue as they always have with BDR.

For me when the q3 report including the duck didn't cut the mustard the jig was up. @worzel1 and myself identified it at the time, a few listened, many didn't. A few more have opened there eyes this quarter.

You can't blame a companies failings on the POG and the Real. If the only way you can make money is a depressed currency and gold riding high then the mine isn't really economical. However when AISC is $400-500 (33%+!) lower than your sale price, you should be making money. If your not something is dodgey about the report.

@LifeUniEvery42 you are someone who listened back then but remained positive about BDR despite selling to protect capital. What is your take on this quarterly?