BRL gold price is up to 3,380 oz ... the highest it has been since the 24th January 2013 - nearly 2 years.
AUD gold price is up to $1,562 oz ... the highest it has been since the 28th August 2013 - nearly 1 1/2 years.
BDR are unhedged to an increasing relevant currency price appreciation for investors whilst their relevant currency cost inputs are falling (oil, cyanide, labour).
Exploration results are delivering current FY production upgrades and future probable LOM extensions ... plus the prospect of further high grade Duckhead repetitions (Goosebumps, Fold Nose).
What's not to like.
After a +105% SP rise in the space of a few weeks (one of the best of the ASX gold producers) it is only natural and healthy for a correction and profit taking. All part of the journey for those willing to stay on-board (and all good for those selling for a profit too ... but IMO you're leaving a lot on the table for someone else).
Cheers
John
BRL gold price is up to 3,380 oz ... the highest it has been...
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