re: Ann: Lefroy Tails Project and Tasmania Mi... i'd be buying...

re: Ann: Lefroy Tails Project and Tasmania Mi... i'd be buying aswell atm if i hadn't just had to give all my spare cash to the ato :(.

assets sales could surprise imo, about 1.5mill value just in loaders/truck etc listed. if you look how cheap they are selling the patrol utes(might be mine vehicles but still cheap imo, low km 4.2l engines are worth more than they are forsale for). recon all prices are very fair.

http://sales.bcdresources.com.au/

pleased lefroy tailing has got up, this should hopefully result in some nice low risk +ve cash flow over the next six months. be nice to see east arm tailing to come on line next year to keep the mill running and cash flow for another couple of years before being sold.

think a few punters sold yesterday on the drilling results, not realizing this was only a token few holes to retain ground. the major targets will hopefully be drilled in the next round of drilling. the company should have make this known a lot earlier as a few investors including myself are quite excited about the quaility of the high grade copper/gold targets and i for one was thinking a few months ago the recent drilling was to target these areas, have to continue being patient.

good luck to those buying atm, i recon a bit of tax selling might see some more bargains to be had around current levels.