BDR 0.00% 6.5¢ beadell resources limited

Hi All I'm not at all surprised by the SP movement over the last...

  1. 284 Posts.
    Hi All

    I'm not at all surprised by the SP movement over the last few weeks.

    Beadell is a junior gold miner, which is one of the most highly volatile sectors in the stock market. This, set against the backdrop of the most highly anticipated Fed announcement in the history of the Fed, the volatility in China, the Dow and everywhere else where people have a pulse, it's not at all surprisingly that the SP has been crushed.

    BDR is doing exactly what a junior miner should do - be volatile.

    I think the price action over the last week has way more to do with general fear than the most recent announcement.

    I'm still buying.

    Cheers, Ivan
 
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