BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-4212

  1. 1,624 Posts.
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    Hey Mick- you're a drillin' man, l'm an MC man. I bought into BDR when it's market cap was about $95m, we're at $540m now. A number of factors both within and outside our control will determine how far we go from here. I'm hoping we can get to $1b in the medium term if those factors swing our way, and they've been discussed many times and beautifully postulated in the BDR basics thread. Do bear in mind that $1b is a truck load of capital and you need reserves and profit and management to justify it. There are other goldies out there with more leverage to higher gains (which have lured me in too) but this one has done the hard yards over the last 9 months for the next leg up, probably with less risk.
 
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