BCD 0.00% 3.5¢ bcd resources nl

I think October is going to be a much better month for this...

  1. 10,828 Posts.
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    I think October is going to be a much better month for this stock.
    I believe insiders have been accumulating stock over the last couple of months in the face of a sell-down by two major shareholders.
    I expect some interesting drill results from their Victorian gold & copper properties by the end of the month.
    And maybe production/costs were better in the Sept qtr than the market would have us believe - I'm looking for them to increase their current target beyond the 70,000 ozs for this FY with the first indication in the Chairman's Statement in the Annual Report mid-month.
    Who ends up with MSC's shareholding will be interesting and should be positive for the stock given the current subdued price.
    Maybe they'll start mining the Lefroy openpit sooner than expected to increase the throughput rate at the Tasmania mine processing plant.
 
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Currently unlisted public company.

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