OTCQX:BGMZF - Post by User
Comment by
tallestdudeon Nov 22, 2014 8:50pm
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Post# 23155679
RE:Halcro show me ONE new gold producer that is not in debt !!
RE:Halcro show me ONE new gold producer that is not in debt !!TERRIFIC to hear another voice of reason speak re: debt. GOOD JOB, Czechlate. So many LT holders of BGM can't even figure this out and I've been trying to educate. It's downright embarrassing that those longs agree with the ignornant Halcropcrapzinki ! To a man, THOSE scared money "longs" believe that a "buy out" is their only solution! , and are pining and wailing and hand-wringing because Eric has the collateral tied up and doesn't want to flip for less than he's got invested in BGM over the last 11yrs plus!!!!!! BOGGLES MY MIND!!!!!
Czechlate wrote: It is a norml course of business for new producer to incur debt during the startup phase of their mine. Actually BGMs debt is far lower then most of its peers. But you know that , you just have ulterior motives. Dont make me do a table of debt of 5 or 10 new gold producers and embarrass you when BGM comes out better then most. They have done a great job of getting rolling with minimum capital expenditure.