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Hi everyone,To restate, hedging at $1600.Imagine, "A total of...

  1. Borroloola
    1,162 Posts.
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    16/04/13
    10:46
    Post #: 11650002
    Hi everyone,

    To restate, hedging at $1600.

    Imagine, "A total of 195,000 ounces hedged over 3 years or 40% of annualised production which represents only 11% of current reserves" (from BDR's presentation)

    That is unbelievable in today's climate of panic in gold.

    What a great move.

    Can't wait for quarterly due on 23 April.

    Feel confident all BDR shareholders.
    BDR Price at posting: 65.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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