OTCQX:BGMZF - Post by User
Comment by
bigbabon Sep 19, 2014 8:17pm
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Post# 22954363
RE:RE:Just keep working the private board tallest
RE:RE:Just keep working the private board tallest Yes roller insults aside , I appreciate your "beat down comments " , "less brains " , " schmuck " comments ; I mean we are all adults right ?
my agenda has always been financial returns in the markets and for this stock that meant a mgmt change a long time ago ... So I made some big returns on the nagas sector and took a 60% loss here ( I actually did some selling on the two huge runs BGM had - but unfortunately bought a bit more in the upper 40's ) overall my cost base here was in the low .60's
Anyways I expected the stock to react better to the mhmt change and that prompted me to examine the balance sheet with a magnifying glass and do some projections . I also am not impressed with how gold is acting , I also find the lack of informating coming from BGM unsettling . So I decided to step aside until the dust settles and jump back in when the unknowns become known ..... So I guess I have commited a crime lol
I could go into detail roller but I respectfully have stated I will be buying in lower or higher ,if gold goes down in will be lower , if gold goes up it will be higher , bad sprott deal lower , good sprott deal higher .... Good BL results higher , bad BL results lower ; I don't know any of the above ,but with BGM's capital situation I think they will need to raise money at some point , so for the short term I feel the risks outweigh the potential gain . Once BGM mhmt situation is concrete , once the finances are straightened out , and once the gold market turns this will be a 50 bagger as the resource is world class
That is all , my opinion my right deal with it ..... Don't worry I will not be bashing like the other daily degenerates .... The only thing that might keep me here is your and tallest continued insults