BDC has huge LONG TERM potential. 3m ounce resource, 1m ounce reserve. in a few years we will be mining 135,000 ounces a year with an asic of around $1200 and the gold price of around aud$3000 (hopefully) ??? those fundamentals would warrant a MC of at least $600m IMO. our board are very experienced in the mining sector. what they achieved at PLS in getting that project to mine in record time was a monumental effort. based on recent appointments and current job advertising I am extremely confident these guys will get this to mine.
I own both gold and silver stocks and also both in bullion. all are there for different strategies. BDC is a stock I Have owned for many years and plan on owning well into production.
BDC Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held