GP, Yes, if the Gold price goes up dramatically then there are...

GP,

Yes, if the Gold price goes up dramatically then there are many other stocks that will also go up just as dramatically.

However, in my opinion, risk relative to reward, I would say that BDR will run just as high if not higher. BDR is in my opinion one of the most undervalued gold stocks on the ASX.

I will concede though that if gold does go to $2000, then all gold stocks will do well, picking the absolute winner out of the lot would be very hard to do. If some other gold stock that I don't own ends up beating BDR by 10 or 20 percent, I won't be losing sleep over that.

I believe that BDR is way too undervalued even relative to its current Balance Sheet position. The market really hates BDR and this makes it cheap relative to other companies that have lesser prospects but more optimistic shareholders.

However, I could be wrong and perhaps you'll prove to me a genius (along with Skol).

Cheers
Ivan