@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
BDR Price at posting:
31.0¢ Sentiment: None Disclosure: Not Held
