BDC 0.00% 52.0¢ bardoc gold limited

Ann: Bardoc commences major drilling program to increase reserves, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 260 Posts.
    lightbulb Created with Sketch. 67
    Not so sure myself that it is a good announcement!

    With the resource upgrade due in 6 weeks, surely much of this drilling will most likely not add to it.
    Drill time+Assay time+Analyse & Calculate time > 6 weeks??
    To be contributing to the resource upgrade the drilling should have commenced far earlier, i would of thought.

    Perhaps i am missing something but how does this translate exactly to the current resource upgrade due by 30 Sep? Bit fishy to me.

    Am a holder but the market reaction to this announcement has been underwhelming.
 
watchlist Created with Sketch. Add BDC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.