SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON D.C. 20549

                               FORM 10K

         Quarterly Report Pursuant to Section 13 or 15(d) of the
                  Securities Exchange Act of 1934.

                  For the Quarter Ended DECEMBER 31, 2004

                       Commission File #07883



                         BAGDAD CHASE, INC.
===========================================================================
        (Exact Name of Registrant as Specified in its Charter)

State of Incorporation:  Nevada               I.R.S. I.D. 95-236978

Address of Principal Executive Office:  359 San Miguel Dr., Suite 203
                                        Newport Beach, CA 92660

Registrants Telephone Number including Area Code: (949) 644-4633

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act: $1.00 par value
common stock.  Currently not registered with any exchange.

Shares of common stock issued and outstanding on December 31, 2004:
              1,689,921 Number of Shareholders:  582.

The registrant has filed all reports required to be filed by Section 13 or
15(d) of the Securities and Exchange Act of 1934 during the preceding
twelve months and has been subject to such filing requirements for the past
ninety (90) days.   X  Yes      No

DOCUMENTS INCORPORATED BY REFERENCE:  NONE

<PAGE>

                                PART TWO

Current disclosure requirements covering the business, leases,
properties, legal proceedings and beneficial ownership.

1.  Legal Proceedings:
    None pending.


2.  No Change in Securities:
    (a) No increase in amount of securities
    (b) No decrease in amount of securities

3.  No Defaults in Senior Securities

4.  Submission of Matters to a Vote of Security Holders:  N/A

5.  Other Material Events:  The Castle Mountain joint venture referenced in
1st and 2nd and 3rd qrtr 10 Q reports continues production.

6.  Exhibits and Reports on Form
    (a) Not applicable
    (b) Not applicable

7.  Management's Discussion and Analysis of Financial Condition and
    Results of Operations:

No effort was extended nor further funds expended on the Golden Anchor
property or the Stedman Mining District claims except for necessary claim
maintenance.

8.   Statement of Compliance

The company continues efforts to remain in compliance with electronic filing
requirements. Company has expended all the costs required to bring its internal
computers into conformance.

<PAGE>

                          BAGDAD CHASE, INC.
            COMPARATIVE STATEMENT OF FINANCIAL CONDITION
                    AS OF DECEMBER 31, 2004 AND 2003
<TABLE>
<CAPTION>

                                                         Increase or
                             Quarter Ended DECEMBER 31 (Decrease)
                             ---------------------------------------
                             	2004        2003
<S>                          	<C>         <C>           <C>
Current Assets

  Cash in Bank             $    905    $   4,013         (3,108)
  Other current assets
  Marketable eqty securities 83,086      83,086		   0
  Allowance for cost        (76,836)    (76,836)           0
  Total Other Current Assets  6,250       6,250            0
  Total Current Assets        7,155      10,263          (3,108)

Fixed Assets

  Field Equipment             9,495       9,495            0
  Depreciation		     (9,495) 	 (9,495)	   0
  Machinery & Equipment       2,178       2,178            0
  Depreciation               (2,178)     (2,178) 	   0
  Mine Development Cost      38,707      38,707            0
  Non-producing Properties   20,833      20,833            0
  Total Fixed Assets         59,540      59,540            0

TOTAL ASSETS                 66,695      69,803          (3,108)

</TABLE>

              PLEASE SEE ACCOUNTANT'S LAST COMPILATION REPORT

<PAGE>

                          BAGDAD CHASE, INC.
            COMPARATIVE STATEMENT OF FINANCIAL CONDITION
                    AS OF DECEMBER 31, 2004 AND 2003



<TABLE>
<CAPTION>

                                                          Increase or
                               Quarter Ended DECEMBER  31  (Decrease)
                               --------------------------------------
                               2004      2003
<S>                            <C>       <C>              <C>
LIABILITIES AND CAPITAL

Current Liabilities

  Accounts Payable           $  800     $ 800              0

  Total Current Liabilities  $  800     $ 800              0

Long Term Liabilities        $   0      $  0               0

 TOTAL LIABILITIES           $  800     $ 800              0


CAPITAL

Common Stock @ $1 par
4,000,000 shs authorized;
1,698,921 issued and
Outstanding in '93/'94     1,689,921  1,689,921            0

Paid in Capital
(below par)               (1,396,461)(1,396,461)           0

Accumulated Deficit        (230,468)  (230,468)  	   0

Retained Earnings          7,610       5,999            2,165

Net Income                (3,108)      1,611           (4,719)

Total Equity               67,495     70,603	       (3,108)
   TOTAL LIABILITIES
     & CAPITAL             66,695     69,803           (3,108)
</TABLE>

                PLEASE SEE ACCOUNTANT'S LAST COMPILATION REPORT

<PAGE>

                            BAGDAD CHASE, INC.
             COMPARATIVE STATEMENT OF INCOME AND EXPENSE
           FOR THE THREE MONTHS ENDED DECEMBER 31, 2004 AND 2003
                             (UNAUDITED)
<TABLE>
<CAPTION>
                                                        Increase or
                               Quarter Ended DECEMBER 31   (Decrease)
                               ------------------------------------
                                2004      2003
<S>                             <C>       <C>            <C>

REVENUE                     $ 56,164     50,249         5,915
Loan			       1,000       0            1,000

Less Operating Expense:

  Shareholder List                0         0             0
  Recording Fees                  0         0             0
  Copies                          0         0             0
  Director's expense & travel     0         0             0
  Agent Fee			  0         810		(810)
  Director's Fees               1,600       400         1,200
  Assessments                  31,375    26,580         4,795
  Registration fee                0         0             0
  Office Expense(Rent)          6,600     6,600           0
  Professional Fees            10,239     8,937         1,302
  Taxes 		        4,533     4,603          (70)
  Licenses & Permits             347       334            13
  Insurance                    1,707        0           1,707
  Filing Fees			 25        50            (25)
  Stock Repurchase		  0         0             0
  Popstage                        0         0             0
  Computer Repair                 0        200          (200)
  Loan Repaid                  2,600        0           2,600
  Bank Service Charge            129       123            6
  Miscellaneous                  110        0            110

                              59,272     48,638        10,634
                              -----------------------------------
INCOME (LOSS) before
Income Tax provision         (3,108)      1,611        (4,719)


Provision for Income Tax          0         0             0


NET INCOME (LOSS)            (3,108)      1,611        (4,719)
                              -----------------------------------
</TABLE>



                PLEASE SEE ACCOUNTANT'S LAST COMPILATION REPORT


<PAGE>

                    SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

                              FORM 10 Q

                FOR THE QUARTER ENDING DECEMBER 31, 2004

Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report, on its behalf by the
Undersigned, thereunto duly authorized.


                          BAGDAD CHASE, INC.
                         a Nevada corporation




                        /s/ Phillip J. Buller
                        ----------------------------
                        PHILLIP J. BULLER, PRESIDENT




(SEAL)
                        /s/ George Rodda, Jr.
                        -----------------------------
                        GEORGE RODDA, JR., Secretary,
                        Chief Financial Officer




<PAGE>