daytrading feb 16 afternoon, page-2

  1. 22,120 Posts.
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    Sorry a follow up to my previous post


    Took a small position in BCD

    Market Cap is $8m
    Will be debt free shortly
    Remaining gold production may Net the company $10m-$20m depending on price and production costs
    Jewel in the crown is plant and equipment worth $60m = 6c

    I like the risk reward


    $60m is the plant replacement value a reasonable sale value would probably be $30m still that's 3c a share
 
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