We probably need some news flow to get BDG on its way up.
So, what new are we hoping for throughout this year.
The biggest news would be progress on the environmental issues. Once this issue is resolved my guess is that we would have a serious re-rating.
I think with a rising Gold price and serious unemployment problems developing in Spain. The government is going to be focussed on such money making projects.
These type of projects are the only way they will crawl out of their economic mess and at the same time make their people productive again.
Like much of the west. Once COVID has been "solved", it will not be business as usual.
I do not think BDG mine is as unlikely to get started as the market has priced it.
The following presentation looks very plausible to me.
(1) Presentation: Black Dragon Gold - 121 Mining Investment Hong Kong 2019 Spring - YouTube The grades and widths are excellent. Rising Gold prices will make this project one that can not be refused.
GLA Sharegar.
