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, 2002

                       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, 2002:
              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.

Viceroy Resources, holder of the lease agreement on the Oro Belle property
in the Castle Mountain District of Eastern San Bernardino County,
California, continues pouring of gold bars during the fourth 3 months of
2000 from its large production plant.

8.   Statement of Compliance

The company is currently 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, 2002 AND 2001
<TABLE>
<CAPTION>

                                                         Increase or
                             Quarter Ended DECEMBER 31 (Decrease)
                             ---------------------------------------
                             	2002        2001
<S>                          	<C>         <C>           <C>
Current Assets

  Cash in Bank             $  2,402    $   236           2,165
  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        8,652       6,486          2,165

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                 68,192      66,026          2,165

</TABLE>

              PLEASE SEE ACCOUNTANT'S LAST COMPILATION REPORT

<PAGE>

                          BAGDAD CHASE, INC.
            COMPARATIVE STATEMENT OF FINANCIAL CONDITION
                    AS OF DECEMBER 31, 2002 AND 2001



<TABLE>
<CAPTION>

                                                          Increase or
                               Quarter Ended DECEMBER  31  (Decrease)
                               --------------------------------------
                               2002      2001
<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          3,834       3,076             758

Net Income                 2,165        758             1,408

Total Equity               68,992     66,826	        2,165
   TOTAL LIABILITIES
     & CAPITAL             68,192     66,026            2,165
</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, 2002 AND 2001
                             (UNAUDITED)
<TABLE>
<CAPTION>
                                                        Increase or
                               Quarter Ended DECEMBER 31   (Decrease)
                               ------------------------------------
                                2002      2001
<S>                             <C>       <C>           <C>

REVENUE                     $ 42,935     56,216        13,281

Less Operating Expense:

  Shareholder List               62         0             62
  Recording Fees                  0         24            24
  Copies                          0         10            10
  Director's expense & travel     0         59          ( 59)
  Agent Fee			 810	   810		  0
  Director's Fees                 0         0             0
  Assessments                  24,300    13,823         10,477
  Registration fee               0          0             0
  Office Expense(Rent)         6,600     6,600            0
  Professional Fees            2,600     8,824          6,224
  Taxes 		       3,923     2,558          1,365
  Licenses & Permits             326       120            206
  Insurance                    2,065     1,726            339
  Filing Fees			 20         0             20
  Stock Repurchase		  0         0             0
  Popstage                        0         9            (9)
  Computer Repair                 0         0             0
  Loan Repaid                     0     20,685         (20,685)
  Bank Service Charge             63        0             63
  Miscellaneous                   0         0             0

                              40,769     55,458        (14,689)
                              -----------------------------------
INCOME (LOSS) before
Income Tax provision          2,165       758            1,408


Provision for Income Tax           0        0             0


NET INCOME (LOSS)             2,165       758            1,408
                              -----------------------------------
</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, 2002

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>