BDC 0.00% 52.0¢ bardoc gold limited

Given all the major international banks and investors are saying...

  1. 2,383 Posts.
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    Given all the major international banks and investors are saying that under the current scenario of governments literally printing huge amounts of money it is creating uncertainty and many investors are very worried about maintaining the wealth that they have accumulated in their local currency.

    That is not certain to happen in assets denominated in local currencies if inflation kicks in so gold and other recognised "stores of value" are going to benefit as more and more people buy gold (or gold producing stocks). This is not surprising in the least and many people began buying gold back in February, March, April when the pandemic really took off.

    Once the drilling program results begin being announced and the drilling program continues achieving regular positive drilling results, we should see BDC finally recognised as a very valuable deposit and then we will see significant SP appreciation. It could well happen sooner but in the meantime patience is required and should eventually be very well rewarded IMHO. If it is not 16c by Xmas I will be very disappointed.

    Chrs W2
 
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Currently unlisted public company.

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