The "canadian listing",new appointments,tropicana east,urucum are all IMO "window dressing.The first two are not significant.Number three could be beneficial in 5 years(the time it took anglogold ashanti to drill every inch of their tropicana tenement B4 deciding to proceed)and Urucum,could take 3 to 5 years at high expense to produce somethng of benefit.
For this generation,in our time,if Tucano does not deliver the goods,we are undone wrt share price in near to medium time span.If we were still an explorer blue sky would be unlimited.Thanks to the efforts and vision of Peter Bowler et al we are now,for better or worse a producer.Our sins and our virtues are on display for all to see,G-d help us.No amount of fudging or ramping will help.The market is efficient and some would opine,"brutal".so be it."Res ipsa loquitur" i.e. the facts speak for themselves!....I don't think anyone could argue with that.It is what it is,for better or for worse.I very much hope for the former.
BDR Price at posting:
42.8¢ Sentiment: Hold Disclosure: Held