RE: RE: Consolidation Pushing forward to start mining is great but at what cost to their investors?
The possibilty for investors to lose up to 10X their potential gain sends up red flags in the investment world and is never a good thing. I'm not a long compared to some investors but have been accumulating over the past year and have been a supporter of BCG and to me this is a like a big middle finger.
If we don't get any positive news releases between now and October 30 to take peoples mind off this consolidation the SP will start to plummet and by the time Oct 30 roles around we will probably be at 1 - 2 cents. Then they consolidate, so we have 10 times less shares that go from 1 cent to 10 cents and the predictable move will be another attempt at a PP, people start to sell off and we end up at .5 again and we have all lost 10X our initial investment now.
On the flip side and everything works out for the positive and the SP starts to climb maybe to a dollar and the longs look at their gains and think of what it could have been, a great big thanks from BCG for the support over the years.
Again, I think this is shooting themselves in the foot, we have twice as many Asks and the Bids are falling off right now, I'd been interested in seeing a current Level 2 quote.