RE: RE: BRD - Q4 2012 Potential Scenario Thanks for sharing, Stanley. I was a bit more conservative in my production volume and cost/oz , and I still came with price target of $ 2.25 by Q1 of 2013.
At today's rate, BRD will obtain additional $ 15- 17 mil. in operating Capital by March 9th, and it will be well positioned to complete 30 stopes and get to planned level of production ahead of expectations. I believe this will be the spark that will ignite PPS explosion during Q3 and Q4 this Year.
Fresh capital will add many possibilities to BRD, including equipment upgrades, hiring additional, more productive work force, and, I agree- potentially new acquisitions.