yet another solid announcement from BDR, which continues to issue a steady news flow, what with all those drill rigs going hammer and tong, and expected first gold just around the corner.
who knows or cares about the rationale of the sellers. am glad i don't face their immediate pressures.
oh, good to see iron ore about US$120/ton, widening margins by lowering costs for BDR.
and, plenty more news to come in coming weeks
remember andean got taken out at about US$3.6B. with BDR at market cap of A$743M, this could have some upside.
maybe BDR is code for el dorado.
BDR Price at posting:
98.0¢ Sentiment: Hold Disclosure: Held