@wombat53 @binwood @V*
Thanks for your posts & please keep up the frank commentary.
(Saved me from further losses on BDR in this recent downturn)
@worzel1 - I could have saved a whole lot more if I'd followed my gut feeling after reading your post
Qtrly Report but didn't act on it. (I emailed Paula, got a 'read receipt' but no further response)
We may get some good drilling results but IMO the next catalyst will be when BDR upgrade resources/reserves (I think Atomic said around Feb??)
Frustrating times - I positioned myself in BDR in the chance of a Trump win=uncertainty=rise in POG.
Got that right but since then USD has done nothing but rise & POG has dropped
Fortunately hedged with a long USD position which has compensated for some of the BDR losses.......
This USD strength (due to the eurodollar shortage) will drag on POG for some time to come
GLTA
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