Hi goldplay
It is always hard to predict when a stock turns from unloved to must have. I was thinking yesterday that it is just possible BDC has reached the tipping point. In the past week we have had:
1. A director buying over 1m shares on market
2. The gold price moving up again following US government spending
3. Two separate independent broker firms issuing similar future forecasts for the project with near term SP valuations around 18 cents.
4. The publication of the best undeveloped gold projects by one of the brokers which has placed BDC in their spotlights.
Individually these are small news items but collectively they demonstrate that many independent organisations are of a view that BDC is significantly undervalued using tried and tested criteria.
Our time is coming........ just a question of how soon and how much the SP will grow.
Chrs W2
BDC Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held