OTCQX:BGMZF - Post by User
Post by
2guyson Oct 15, 2013 12:44pm
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Lucky For Shareholders BGM Missed the Downturn...
Lucky For Shareholders BGM Missed the Downturn...Boy or boy, weren't we lucky.
And to think that my average when this was CTO'd was just over $1 per share.
Being CTO'd for 14 months sure helped me a lot. Thank goodness for the CTO eh?
I personally would like to see what if any, action by the BCSC will be taken in order to stop something of this magnitude from happening again.
The BSCS has said throughout this ordeal that the actions taken were for the benefit of shareholders. Anyone care to point out how shareholders have benefited?
Hopefully something positive will come out of this, albeit I doubt it, but faulty 43-101 like the one released by the company and written by a 40 year veteran geologist, which contained more errors it seems, than the 11.9 million ounces indicated in his original draft, should IMO, go through the and get accepted by the BCSC prior to it being released to the public.
Nothing good has come of this story for shareholders, but hopefully it can be for future claims that are thrown out there with insignificant proof. Something needs to be done. Hopefully this saga will change how things are done in the future. JMO