Gold price, page-3631

I think there might be some selling pressure on gold in the weeks ahead, probably pushing it back down to around US $1,250 oz, this is a good buying zone I reckon.

For BDR, this will be coupled with a less than stellar quarterly because they have been moving dirt, so I expect a pull back to the 35 cent region.

BDR's next 2 quarters though, should be stellar, because of the duck, so providing gold plays the game this year as expected and goes on to touch around US $1,400 at some stage in the latter half, this should coincide with BDR's best ever quarter later in the year, and I would then expect BDR to press on into 60 cents or more.

I think this is why some are locking in profits now, and will re-buy after the next quarterly on the dip, and then probably lock in profits again later in the year after it's late year run.

Like everything though, this is just my wild guess, and I've been wrong more times than I've been right lately, worse luck.

Gw