Binwood, $1.05 is way too little for BDR. When the world wakes...

Binwood,

$1.05 is way too little for BDR. When the world wakes up and gold goes to $1800 USD, Gold and Gold stocks will become very hot property, even hotter than Aussie real estate. (which is currently in an insane bubble).

You're not going to believe the PE's these gold stocks will be trading on in 2 to 3 years.

Imagine BDR producing 250 000 ounces @ gold $1850 USD at and ASIC of $800 and on a PE of 30.

That day will come.

Cheers
Ivan