BCD 0.00% 3.5¢ bcd resources nl

nice movement..something on the horizon, page-13

  1. 734 Posts.
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    BCD looks very good to me.

    Sellers have dried up and there is some decent buying support. Gold price seems buoyant and the company is very profitable at these levels. Should the gold pice increase it is straight onto the bottom line.

    The best thing is that the sp is still very cheap and I can easily see bcd crack 20c on the back of some strong production - say by the end of January.

    Would be great to get some monthly production figures from Oct or Nov or both.

    In my view given the leverage as a function of the shareprice being only 12c I think this is the best exposure to the gold price on the market.
 
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Currently unlisted public company.

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