chart, page-16

Duicorp

You have a very funny funnybone if it is telling you this is going to be a tenbagger on the basis of its 150-180k ounce pa production.

Now if the POG goes to $10k/ounce and the govnuts allow BDR keep its profit share at current rate then perhaps.

Wishing and a hoping will not make it happen.

My rough guess is that BDR could go to 80-90 cents later this year/early next year. The valuations of $1.20-1.40 are pie in the sky unless BDR has clear plans for much higher production (like an RRL) in a reasonable timeframe.

I think that the markets could tank over the next few months because the CBs are failibng to provide the heroin, and economies are slowing and going into recession. If that happens then the POG and our goldies will fall.

loki