BDR 0.00% 6.5¢ beadell resources limited

Qrtly ASIC $1150, page-81

  1. 485 Posts.
    Whoever said the goldmining was one uninterrupted walk in the park?
    All up though,the figures are satisfactory and providing the gold price doesnt crash permanently,the outlook is good.Not perhaps for day traders and their ilk.Mark my words; we are at a juncture where large volumes are passing from weak hands to strong perhaps aided by the opportunists that are wilfully and maliciously mis-representing the facts.
    Come January a 2 cent dividend will be announced.Hardly the action of a failing company.The operational and productivity gltches will be attended to expeditiously
    The only unknown torpedo is the future price of Gold.Currently it is on a plateau which always happens before a new bull phase.This is healthy and every bull trend in the past began this way.
    Watch the real interest rates in the US especially wrt 5 and 10 year govt bonds....
 
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