Well POG has blown past all the resistance at around 1300usd so I guess all the models for speculating on revenue have changed. A lot of The Gold Trolls have been recalled, but still one or two hanging around.
Yes I get your point about your calcs and the hedging. If POG keeps rising like this then BDR will probably be proving up a couple more deposits. I hope they put some more exploration dollars into the Tropicana region.
POG 1318usd POG 1459aud
BDR Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
