OTCQX:BGMZF - Post by User
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BywrongKon Sep 08, 2018 12:24pm
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Post# 28584530
as Brent Cook preaches........
as Brent Cook preaches........is mngmnt turning rocks into money or money into rocks? let's do some quick math here....the latest version of BGM has raised $130,000,000 in a variety of PP's NSR's etc. Market cap used to be $300,000,000+ and after spending a whack of the $130,000,000....Market cap is under $200,000,000...the way I do math.....$230,000,000 of shareholder value ( market cap + cash) has vapourized.....and that's on top of the multi-million$$$ that Fast Frank has put into drilling, buying mills etc. Some here claim "while the rest of us are making some coin"....the way I do math....changing a 65% haircut into a 55% haircut...isn't 'making some coin". Freak...even frozen nutzsac $0.60 purchases are a whack underwater...I wonder if their "Bagholder Nation" has it's own flag and National Anthem?