the sea of red continues, page-11

Compared to the rest of the market, bdg & cto not that bad in recent months although 33%+ drop in price isn't good, it's not a total disaster such as mcr or many others. I'm looking for late development gold plays such as bdg and cto, the more beaten down they are the better, cto 50 million oz inferred, <100 million market cap makes it buying gold for $2 an ounce, bdg 100 mill market cap, 50 mill cash in the bank, 12 mill oz resource, taking out their cash in bank, your buying gold for $4 an ounce. Both companies are in production. I'm looking for a similar type of company. I know lots of people say they are both crap companies, sure they have been constantly beaten down, but the way I look at it, I think they are very attractive and yes still risky.

Still on the look out for the best possible oz in the ground / by market cap.