Tricha, BMO has no resemblence to BDG
First of all like I told you a thousand times BMO has more RESERVES then BDG. And it doesn't have 100million ounces in inferred resources. They drill it and report whats actually there not fairytale stories.
BMO has produced about 20,000 ounces already, and it had stated reserves and these went down as they mined. Its open at depth, so gold may extend much much further down, but they are not ramping it, which I like. They are priced nice and cheap.
So short them I like a bit of a laugh.
valuation, page-11
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