In 2009/10, I bought in BCI at $1 after the announced a break through deal with FMG on a JV that allows rail access. Today BCI stands at $4.90 after heading to $5.50. The company shares parallels to DRM the gold version of BCI. BCI had borrowed money and began production in a short time after listing, which DRM had done now. Now BCI stands with the best cash flows of any junior iron ore stock and paying down its debt.
DRM is on a similar trail, DRM like BCI could be a five bagger quite soon.
DRM Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
