In my previous article on Beadell Resources (OTCPK:BDREF) I concluded:
“…in my opinion, a change in the processing mode creates substantial risk. I believe that Beadell made all metallurgical tests required but mining at a new deposit is always a kind of a challenge for any miner. Therefore, Beadell shares are, in my opinion, more speculative than Jaguar’s shares and the highly risk-averse investors should avoid them’
Since the article publication (November 21, 2017) Beadell shares went down from $0.18 a share to $0.10 so, indeed, these shares are not for risk-averse investors.