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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: zebra4o1 who wrote (17266)	8/16/2005 11:07:26 AM
From: TrueScouse	Respond to of 18308

zebra4o1: <<Thought I was the only one left following Boulder.>> LOL! I first bought BDR at higher prices ($0.19) but have been increasing my position at these levels because I finally see some progress. I like averaging down -- although sometimes they go to zero! <<What I like about this project is that they are talking capex of $15 million, and could ramp up to production very quickly.>> Agreed. It's comparatively simple and "scalable". I like the "test production" route. It's been hard for BDR to sell the idea of a placer development because few people understand that it can be very profitable at much lower grades than hard rock. So the best way to prove it is to just start bulldozing the stuff and extract enough gold to hopefully show a profit! The test results in a few weeks should be very interesting. Regards, Howy