OTCQX:BGMZF - Post by User
Comment by
2guyson Oct 07, 2013 10:09am
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Post# 21795947
RE:RE:RE:Analysts...lol
RE:RE:RE:Analysts...lol
specboy, I honestly didn't want to believe Cook's comments only because I had all the confidence in the world on Peter George, who as a geologist with over 40 years experience should IMO, have realized that there were too many variables or assumptions, that could have been construed as being a tad innacurate.
Not sure why someone with over 40 years experience could've been so wrong, but it cost a lot of investors money/time, and we won't know exactly how much until this starts trading again.
As far as believing this will begin trading again at the same price it was CTO'd, IMO that is just fooling ones self. If Sprott was that sure of this, they wouldn't loan money with all the assets as collateral, instead they would buy into a pp financing the way I see it, unless of course they want to put pressure on management that the money will be spent efficiently.
Time will tell of course. Anything can happen, but unfortunately, the damage has already been done to the credibility of this project IMO.