There is absolutely no shame in being a bottom feeder, whether...

There is absolutely no shame in being a bottom feeder, whether it be BUR, VIL, GDN or even BCC it doesn't matter. I bought BDL when it was in breach of debt covenants (but the order book was filling). I bought SSN @ 1.5c and SSNO @.08c.

Just looking at the chart, BUR is looking attractive BUT I haven't researched it enough and don't have cash just at the moment.

Yes its like picking race horses (so I that the squabbling & cross raming over the relative condition and form of the horses (sorry companies) as no more than a bit of fun.

Everything has potential. Cash burn is critical. Resource size and longivity is critical. Flow rates are important (but not critical if the size of the resource is large). Exploration and development timeframe is critical. The jockey is also important.

For GDN (and BUR) the low SP reflects previously realised losses & shortcomings etc. However, previous dilution and previous losses are NOT my worry because they are not my loss (unless I invested too much too early).

If a dumped dog company is still sitting on a probable commercial resource the only word that comes into my tiny brain is B A R G A I N.

have a great weekend

Cheers