It appears the Re-balance price is fixed at .16 0r .165 or even lower.
It just can't be higher than .165 or else we would have seen someone biting at .165
Things happen behind the scenes we will never ever know.
Here's a lesson....
Never bet against the Shorters.
No matter what they will always win.
It would have served me well following the Shorters rather than my conviction on the management.
No more buying BDR shares. I had it.
I've got just a little more than a million.
I think the crooks will take it higher at some point for distribution and provide all of us suffering an opportunity to get out.
That is the side of me which is very frustrated.
The other side is thinking no news yet about the production guidance and Dec is already half way. There would be few days off at the mine site for Chritsmas and New Year holidays or at least the mine will slow down. Which means for once this management might achieve the guidance That would be minimum
USD 28-30 million profit for the quarter even if they achieved the worst USD gold price. No Bank repayment for this quarter so they might have just about enough money for the plant upgrade and avoid a CR which I think some are anticipating. Or SJ might just do it, he's not shy of it looking at the past.
Let's see this afternoon how much supply & demand is there.
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