BDC 0.00% 52.0¢ bardoc gold limited

Ann: Quarterly Activities Report, page-2

  1. 11,732 Posts.
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    Everything going to plan, even with the drill bit (which is just a bonus when you already have 3m ounces in resource).
    All of the 3 main pits are already showing they are going to give up more ounces.
    Hopefully Mayday is able to add a further 50k to the reserve when the DFS comes out.

    I particularly liked how much interest they saw from prospective offtake partners...

    https://hotcopper.com.au/data/attachments/2606/2606550-d29f1753e0a66ef7d78531cc2ef4dbf7.jpg

    Whilst I know none of the drilling results were spectacular, like some companies have seen, they just don't need to be. Anything around 1g/t for the open pits is great news. Simple as that. When I take a step back and look at all the results overall, then I get even more confident that the upside is very much still just in its infancy.

    E/V of under $100m, yet will soon have 1m ounces in reserves...

    Not trying be overly positive, I just think that BDC will not be unloved forever.
 
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