BCD 0.00% 3.5¢ bcd resources nl

Looks as though money is pouring into gold. Could well be after...

  1. 635 Posts.
    Looks as though money is pouring into gold. Could well be after everyone expecting this for the past 6 months that the $US is no longer the safe haven and global actions will eventually become inflationary...could potentially be the 1970's all over again.

    Could to see buyers in BCD and would expect that we will see 20's very soon.

    Next report should be interesting given last quarter they continued to produce over 20,000oz of gold so on target to the 80,000-90,000oz pa they expected.

    Now all we need are the results of the increased mining activity to boost reserves.

    Undervalued imo and an upgrade will be the icing on the cake.
    WIth cashflow now pouring in, a cornerstone investor in the largest tin producer in the world, things may just be starting to turn for BCD.

    Best of luck to those holders. Looks like more analysts are becoming bullish on gold prices over the next 2 ears, so we may just see some exceptional returns on the horizon as many investors will begin to look for unhedged gold producers with no cashflow issues that are trading cheaply.
 
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