This very much is good news although with the recent Cap Raise...

This very much is good news although with the recent Cap Raise still to be finalised with existing shareholders the price was never expected to rise greatly on the back of this upgrade. Most wise investors already knew of this resource upgrade and the 3m oz mark was largely expected yet it’s always good to have these predictions solidified.

Once the cap raise is processed and if good drilling drilling results continue to flow combined with a strong POG I see BDC getting straight back on that upward trend.

People stating that the $12m institutional investors recently placed in the cap Raise already taking profits is ludicrous. Only ~3.5 million shares were traded today which has been the average for months now.

I feel some investors may have doubled their earning on this and are happy with their keep for now. That’s not to say those same investors won’t jump straight back in once the next announcements roll through.