re: Ann: High Grade Gold Discovery Confirmed ...
VWAP has increased to 34.5 with diminishing intraday volume - perhaps a few are waiting for d/ts to sell for a loss.
I have a short term target of approx 50c in the coming month - mutiple, high grade, parallel are words that are very sig IMO and we have the highly prosepctive Musgrave where the recent RC drill intersection,as quoted by the MD, "is the most significant in Beadell's short two-year existence,".
Extensions are to be tested via a drilling campaign this month - now we have Brazil adding up too.
Not selling this one until we know more.
BDR Price at posting:
33.5¢ Sentiment: LT Buy Disclosure: Held