As you point out, anyone comparing DEG to BLK is ignorant of history. BDR (Beadell Resources) is a much better analogy than DEG for those that can be bothered to research it. As the adage says, ":those who ignore history are doomed to repeat it". DEG is closer to GOR as a comparison in my mind but many experienced and astute gold investors downcried BLK and Wiliuna based on earlier activity at Wiluina years ago. BLK defined reserves years ago and has consistently failed to deliver on its analysis even while undertaking regular CRs with promises of profits but delivering losses. Sounds like BDR to me.
BLK Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
