Rattrap - There are two co's that I think have greatest takeover potential. BDR is one , and PIR is the other.
At this point I think that BDR is particularly tempting to the majors and could easily attract a billion dollar price tag.
BDR's duckhead deposit is a fail-safe against lower gold prices imo , should they ever need it. Blending this material will ensure cash costs are kept extremely low ... then the iron ore credits....Will be a cash cow in any weather ...
Very excited about BDR over the next three years.
BDR Price at posting:
72.5¢ Sentiment: Buy Disclosure: Held
