I hold a number of Gold stocks but am particularly excited about the prospects of BDR particularly over the medium term to outperform.
I took a position at 17.5 cents this week because I believe the risk/reward here is very favourable.
My reasoning is based on the price of gold starting to move up (which I believe will continue to be the case in 2018) and the massive bullish chart pattern (a falling wedge) - see my weekly chart below.
Should the price of gold continue to move up, the money (which has mostly gone into the larger caps such as NST, EVN, SBM) will start to move into the smaller caps such as BDR.
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