OTCQX:BGMZF - Post by User
Comment by
boss_wazon Feb 28, 2014 11:45am
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Post# 22264386
RE:RE:Shorts win again
RE:RE:Shorts win againgreen24 wrote: I don't see it that way. Much more likely, the buyer of the .50s was already a shareholder and shoved it up to unload, knowing he was going to get them all back even cheaper. Probably meant a net 20-40% gain for him on whatever he managed to move to the rubes.
Question now is, does it fall back to close to the .50 PP price, as often happens in this situation, or does PDAC interest hold it up for another week or so first?
10M is a lot of dilution for a stock in the 60M market cap range.
If this necessary evil enables them towards production, expanded resource 43-101, listings on other markets etc...then perhaps we move the decimal one place to the right on that market cap....at least I hope so....