BDR beadell resources limited

while we're waiting..., page-14

  1. 52 Posts.
    I agree with you Zooma, that we could see people rush into these smaller gold stocks if/when the gold price takes off. Especially if we are producing gold at the time !!!

    I am hoping to find a profit taking point when the share reaches its fair value or slightly above. I dont expect to see this until we prove ourselves with gold bars flying out of the moulds in Brazil.

    If it doesn't reach that price level after our first gold pour then I will happily hold on for dividends and the eventual time when the share price reflects the real value (or slightly above it).

    I guess I am therefore a "value investor" and trying not to get too greedy with what has been a very good share for me so far...

    My gut "guess" tells me that we could see $2 this time next year if all our planets line up together (eg Gold producer with Iron Ore JV, possibly a few small resources increases from Brazil and bit more drilling at Tropicana).

    But I'd like to know if somebody else's calculations/opinion has any other value than that.
 
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