Pokermoe,
There's a lot of people here who invested in BDR back in 2012/2013/2014 still deep in the red, when the SP was anywhere between 50c & $1.05, only to see it sink to 11c in August 2015.
So I would only assume anything north of 50c, many will be lining up to break even and be thankful the did so.
Personally, I started "catching the falling knife" around 21c in April of 2015 only to watch half my value wither away after a terrible wet season & issue after issue with everything from equipment to trying to interpret dodgy releases from previous management.
The turn around story has only just started for BDR, it takes a year or two to bring real faith back.
In saying that, BDR now accounts for 32% of my portfolio, I have parcels as low as 11.c & as high as 40.5c.
I'm on this bus ride to at least 80c.
It all depends on your faith in the rise of the POG & the company, it's management & story.
BDR is now a far cry from what it was, & I'm convinced it is going places.
We have more than doubled in share price since the cap raise, smart money is buying, it's not the time to try & trade this IMO, the big guys know what to do on a day to day basis to accumulate, the little guys get crushed.
The next quarterly release in October will see us move north again. If I could, I'd buy more, but I'm maxed out on this & others, NST, EVN, SAR, SBM, RRL - that's right 100% gold, because I believe in the story.
World economy is a show...
POG to rise...
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