RE: RE: Haywood target 2.40I wouldn't trust Haywood. They are the underwriters for BRD so of course they are going to say nice things.
They cover another company that I invested in (unforunately) and were very bullish on it GBS Gold. It went bankrupt during the meltdown of 2008. I am not saying BRD does not have potential because I think it does.
But of course there are risks too (e.g. can they meet their targets ounces?)
But trusting some seedy 2 bit investment house's target price is useless.