OTCQX:BGMZF - Post by User
Comment by
2guyson Aug 09, 2013 1:05pm
72 Views
Post# 21659737
RE:RE:RE:RE:Halted on All Exchanges?...
RE:RE:RE:RE:Halted on All Exchanges?...
"Did you also use that "I guess there's always that chance" as your criteria for buying BGM in the first place?"
No not really halcro, I only use that when I play the Lottery.
What I used as a signal to buy BGM in the first place was the 43-101 resource numbers that was released by BGM and completed by Peter George of GeoEx.
IMO by Filing a 43-101 report last August, that was not only non-compliant when Filed on Sedar, but it took approx. 10 months to get it compliant with a 90% drop in indicated resource is not acceptable?
So, if the report was in no way close to being a resource 12 months ago, why publicly announce it in the first place? Not only was it misleading, but irresponsible to do so, IMO.
What are investors to expect, Oooops? Sorry but it was an honest mistake?
That's probably all that will come of it, IMO. Doubt the authorities will do anything other than reinstate the stock once all the hurdles are overcome, and who knows what BGM will look like then.
All in my opinion, and no I don't think we have even a 1 in a million chance here to open where we were when the CTO took effect.