Ann: Trading Halt, page-406

The new BDR bull Gold Emperor thought he would come and stir me up on the Kidman threads.

http://hotcopper.com.au/threads/ann...2693596/page-57?post_id=17086892#.VsroenluntQ

In response to his taunts I checked BDR's cash position from their December quarterly and surprised myself when I discovered a cash deficiency of A$39.36 million at Dec 2015. Surely that can't be right they must have some inventory somewhere that helps off-set that figure, it can't be that bad. The stock pile right. What was its grade again? @speculator101. If not it doesn't leave much change out of the $50 million particularly if the turnaround story gets literally washed away.

Speculation is a hoot, if you choose the right stocks, but don't confuse it for investing.

Eshmun