Regardless what they say about the potential usage of the new capital, BDR has slowly lost the faith with long term holders.
CR one after another, they are still a 1 mine producer with struggling operation conditions.
Production never exceeded 200k ounces, but outstanding shares are increasing.
I think BDR hasn't improved since PB's dark age, it simply just tread water to maintain, to pay directors and employees.
Before someone throw eggs to me...just have a look at RSG and compare it with BDR in past 3 years.
A traders' stock, not for holders.
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