BDR beadell resources limited

whoa - where did this come from? , page-16

  1. 3,558 Posts.
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    Hi Geko

    I have seen a few, including some from Brazil in the 100/200/300 g/t Au range, none of which ever came close to being replicated in drilling. Call me cynical, but its not hard for a geo under instruction to find some nice rocks with visable gold in a known area of production and produce what appear to be spectacular grades.

    Grades of this nature point to narrow, high grade veins. If you could just take out the gold only, then great, but with mining the grade gets diluted heavily and brings it back to earth with a thud.

    Potentially was good for a careful trade today, but otherwise tread carefully as it will likley run out of steam before you know it.

    I will be happy to be proved wrong so holders can make some coin (I don't hold, just saw the announcement), but doubt it.
 
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