RE:FROM BMG Board..Not me..But Good read..I was completely unimpressed with BMGs program, their delays and the poor drill results. I sold out at the current buy out levels a few months ago, and down to .32 recently. While surprising that GSV purchased them, as they had filed to sell their large position in the market, I also understand that something had to be done. I would imagine that the filing was done in a transparent manner and likely created an incentive for BMG to get serious - either drill up and execute, flounder without financial backing, or join a much more aggressive and technical team?
We sold our BMG and moved it into GSV and although this cost me a few thousand dollars, I always try to bet on management and execution. There is no doubt GSV executes, and even with this temporary drop in GSV share price, 2017 is going to be a banner year. I believe there is much upside in BMG, that is why GSV and I invested in them in the first place, however, the ground will always be there, often, the people are not. GSV has brilliant, Ex-Newmont Geologists on staff - do the math - appears we are adding opportunities now, rather than subtracting them.......
Best of luck and cheer xx