5 best gold juniors to invest in?, page-45

Hi all,

I agree with 50% of what Wangchung said - BDR Beadell Resources is in fact the best junior on the ASX.

It ticks all of the 3;

- Great Management (see, they have been there and done it all before - that is, they DO have a track record and it is ALL good, V half of these other big talking hopefuls).

- Great Resource - in a low cost, mining friendly environment - and let us again try and be honest here those with huge hope and self-interest attached to high cost producing Australia based hopefuls.

- Truckloads of cash in the bank - another fact that peoples sometimes overlook to gauge, but of utmost importance, BDR have absolutely truckloads of cash.

And then there are smaller ticks, but nonetheless important for a consistently strong share price such as;

- A solid strategy that ensures the Company is able to execute it's said plan and the Co. continues to drill continuously, providing a steady stream of good news to the market.

- The resource is above average in Grade - Grade is King.

- An initial resource statement and DFS is on track and due by years end.

- Infrastructure to both mine, treat and process the resource is ALREADY in place and therefore there will be NO NEED to chew into their CASH in the BANK. Please note, 99% of other Aussie listed juniors will need to Cap. Raise and dilute massively even if they do have some chance of getting off the ground.

So, without a doubt, Beadell Resources sis by far the best option for a investment in the junior gold sector.

Threads like this are quite contentious as people invariably just trot out the latest hold (or longest hold) or hope that they have found themselves in.

I believe we should, or those interested at least, should toss all of the above in a watchlist and then look back at years end to see which suggestion has indeed proved the best for their wallet - and only then could we see which indeed is the best Gold junior.

As an afterthought, NOT that they are anywhere near the calibre of BDR and they do not even tick half of the boxes that BDR has ticked (not than any other Aussie junior does either), CRC is another hopeful junior who has a decent above average resource that seems to have the potential to grow further with the further and ongoing drilling that they are doing.

However, neither of the above are brokers favourites and niether are sexy, in so-far-that neither have massive churn in trading and rarely do they see days with 10% + gains. BDR has performed very well in the last 3-4 months on the back of solid results and a rising gold price and I believe will get to around the $1 level before years end based upon the continued execution of their said plan and strategy.


Disclosure: of course I hold BDR - hold in my Super from 21c and 27.5c and have personally traded it from 21c to 36c and re-entered again and holding from 36.5c and the 42c level. CRC is of interest and always on my watchlist - the rest I keep a casual eye on, but as none of them tick all boxes imho you are only asking for pain.

Good fortunes to all.

K