OTCQX:BGMZF - Post by User
Comment by
boss_wazon Apr 24, 2015 1:01pm
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Post# 23661557
RE:RE:I am in today.
RE:RE:I am in today.So you wont invest in an up-and-coming producer currently touting 5mio, 2mio at 11+ gpt...near surface...
Now when the '
Selective High Grade' program kicks in, and the gpt surpasses 11gpt...lets speculate...say 31gpt...how about then?
Stop looking for a quick flip...this is a GOLD mine you know....
Better yet, stick to PORK BELLIES like your handle implies....
pigbruinmcveid wrote: yes, new management that ditched the old management is good.
but talking about paying off the remaining debt implies some debt has been paid off. well, ok, i guess it has if you count shares issued for debt.
i expect there will be a lot more debt converted to shares. remember there was a big batch turned over at 50 cents. recently more at 27 cents.
next big batch of debt to shares is looking like 17 cent range and then 12 cent range. just the way it breaks for a gold mining junior that can't make a dollar mining.
i could be wrong but the trend is your friend and i do believe i am reading the trend pretty good here. looking forward to the fully year financials. will there be anything close to a bottom line net profit? doubt that very much. rather more likely to be record loss if the past trend holds.
now lets wait and see what is delivered.
santi69 wrote: Thank goodness they brought in new management with some focus.
Now lets move on and pay off the remaining debt by the end of the year.