Not to mention a loss for EOY 2015 amounting to $44.345...

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ww2zombie

485 Posts.

28/03/16

01:13

Post #: 17367487
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Originally posted by worzel1 ↑

Thanks for the update risk, but on the actual content delivered they haven't given us much. It's all nice encouraging words and very emotive but of little value.

What does "apparently there is gold everywhere on site" really mean? It is emotive language designed to get people excited. There is no value in the statement it just redirects attention away from what they haven't done.

"apparently, these opportunities to raise this kind of money are very hard to come by." What a load of rubbish. Money can be raised if there is a valid reason for raising it.

"Apparently there was only a small window of opportunity that presented itself for the CR recently and they took it." Why? Surely this needs some sort of explanation. The share price had been smashed into the floor, the gold sector as a whole was taking off, improvements already made at BDR were taking effect, everything gold was moving up, so why was it a small window? I'm sure they could raise the same amount now at 19.5c a share.

And if they updated the market to explain "gold everywhere" in some meaningful way then maybe the market would have provided $50m at a higher share price.

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Not to mention a loss for EOY 2015 amounting to $44.345 million!! Only one post till now on this.How can anyone on this forum sleep at night.Notwithstanding the haemorrhage of money we still hear comments about the"turnaround" and how nice the CEO is compared to the previous person.The real news and not the usual BS is scary.On top of that the previous CEO sold out most of his shares recently.There are no positive catalysts.Urucum is at least 3 years away and may cost $50 mill.Soon there will be more director sales and director resignations.Please explain someone.....All the positive comments that characterise this forum are speculative and unsubstantiated.That massive loss in 2015 is the elephant in the room and nobody wants to acknowledge it.Are we doomed???

BDR Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
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Not to mention a loss for EOY 2015 amounting to $44.345...

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