BDC bardoc gold limited

Ann: Latest drilling extends Mayday North, page-3

  1. 12,591 Posts.
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    A good hit which clearly shows Mayday will perhaps become a viable satellite pit.
    That being said, while I am sure traders would love BDC to have hits like MGV etc... the reality is, BDC already have 3m ounces.
    They already have (or will soon), have close to or over 1m ounces in reserves. Sure, it would be great to have amazing hits, but.. BDC does not need them. It just needs to complete all the requirements for the DFS, lock in funding and build the plant.
    Happy to hold BDC, because the downside is very limited, with lots of upside, especially as they continue to move more ounces into Measured and Indicated. Just look at CMMs.... market cap of well over $600m! BDC will have a similar amount of reserves soon enough.
 
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