RE: RE: Let's see who shows up from BVG @ PDAC"Woops, I forgot something....
I think the reason they didn't release the newly updated NI43-101 is that, unlike the conventional thinking here, it SHOWED TOO MANY NEW OUNCES OF GOLD AND SILVER.....which would have made the company MUCH to valuable.
Think about that.... "
This is completely assissine to believe that they withheld the info that their was "too much gold" to keep the SP low for a takeover......if they were thinking takeover, they much much more likely to release any good news regarding HS Ridge as it would make a takeover more valuable and it would happen at a higher price.....
If it came out that management withheld a positive resource estimate to ensure a buyout at a lower amount, there would be a shareholder revolt and a large lawsuit, as they would be selling the companyt for much less then it's worth......it would be the complete opposite of the board's fiduciary duty to always act in the best interests of it's shareholder's....instead of getting $0.60 or higher, that decision would ensure a buyout in the sub-$0.40 cent range.....hardly in acting the best interest of the sahreholders......
Unofrtunately, the most logical solution is usually the right one......in this case, instead of spinning intricate, improbably theories based on nothing, the most logical is that this year, they simply didn't have the goods.....obviously, hole 87 is outstanding, as are some other excellent ones, and that is why I will keep BVG on my radar, and I will probably buy back in after the PP.....this is not an opinion of mine, but a fact....we know that they need at least $3.5 million, and they have at most $1.5 million (as of October 31, I believe).....so it is simply a fact that a PP has to happen, and it will have to be at least a few million shares.....why get in now when you can get in lower after the PP?