OTCQX:BGMZF - Post by User
Comment by
2guyson Jun 26, 2013 7:49am
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Post# 21572958
RE:Frank is off and running
RE:Frank is off and runningI'm sure FC will continue on his learning ways for many years to come, as no one is ever too old to learn.
Unfortunately for shareholders, they failed in the learning process. They failed because knowing FC's lustrous learning past, they voted him back in as BGM's CEO. Was it the right choice, so far admitting his mistake does not correct things.
The only way, IMO, for BGM to hold up in this short term bear Gold market when they eventually trade again, is to produce a positive PEA, and hopefully increase the resource with further re-sampling of old core.
If BGM produces a positive PEA and the re-sampling program increases the resource, then and only then can FC come out smelling roses. Right now, admitting to a mistake, just doesn't cut it, IMO.