By reading quite a few of the HC posts re: expected quarterly on BDR, that as we slowly get to fair value, the SP is pricing in a fairly good result. At $0.49, I would expect a few shareholders that got in at nice low prices to take some profits at this level and those that have been burnt the past couple of months, buying in the high 40's and 50's to get some sense of relief and jump ship. I just wonder what Van Eck will do, get out of BDR after this nice run or wait out the quarterly.
Gold held up very nicely last night
BDR Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held