Why are you buying so many BDR's
Yeah some of my associates are asking the same question.
This resource base of 4 million ounzes is the primary driver. The recent drilling in and around the mine site is encouraging but one of the other factors is the evident frustration of the long term holders . With some bad news it - the frustration - induces a lethargy into the market for the shares which makes it easy for the shorters to thrive.
So ,no-one believes the chairman when he says 2017 is Beadell's transformation year .
But it might be yet.
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2017: Beadell's transformation year, page-25
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