BDR 0.00% 6.5¢ beadell resources limited

a mature stock, page-5

  1. 56 Posts.
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    I don't believe the market has missed this stock as there has been several broker reports targeting around, $1.20 - 30 per share for Beadell. The stock has been under some pressure with exits from some substantial holders so really it has held up quite well considering. I'm a little nervous on the timeframe for gold production, seems very tight to me. This is on the back of them originally forecasting production in the first quarter of 2012,since revised to the second quarter, puts a dent on credibility when they don't deliver on what they state to the market. The big kicker will be an upgrade to their resource statement.
 
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Currently unlisted public company.

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