BDR 0.00% 6.5¢ beadell resources limited

I agree.The risks of holding are tiny compared to the high...

  1. 485 Posts.
    I agree.The risks of holding are tiny compared to the high probability of increase in SP as the resource accrues.Unless gold collapses or the $US reverses its downward trend(both unlikely)The SP will continue to rise as the DFS progresses and the resource grows.I predict SP of $0.85 by Dec and with further favorable announcements may top $1.00by Xmas.
    In addition to superb mngmnt,monster resource,imminent production,the macro environment could not be better.Big money is pouring funds into gold,QE2 has started but we will soon see QE3 and maybe QE4 etc etc.There is almost no limit to the capacity of the US to create more cash!A little inflation or better still,controlled inflation will deflate their debt which they can pay off IN THEIR OWN CURRENCY!In the meantime the big boys are protecting their cash and rushing into gold.All the stars are aligned for gold developers/producers.
    Why sell?
 
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