RE: RE: RE: Undervalued and misunderstoodOk , piece by piece is fine with me.
I didn't say I only bought stock three years ago I said" in and around", and I have been in at many price levels and have made and lost some money. My complaint is pointedly that the SP is not being reflected in the success and value of the discoveries made by this company. Why is that?
I also said in relation to the SP, that it is the same story every day, not in relation to corporate developments. They are obviously spending money and opening up new zones, especially when they have spent years doing it. I also said that this is a good property.
As far as the Bravada spin off, maybe the prospects are good maybe the results are good or bad, we don't know because they are prospects.
IMHO though it is not the time to be taking on additional expenditures until you have strengthened the company's ability to raise serious cash by completing the first projects successfully and that has not yet been done. A successful completion here would give them the SP to raise more cash if they wanted to continue, without diluting the heck out of us. The SP a couple of years back trended higher until the dilution became a larger factor. You can check charts yourself.
There are still no ounces on the table as you say, either. That will only come with a successful resource analysis and mining plan which requires more work and expense to establish. There is a time and a protocal.
Ounces in the ground aren't worth what is on the table yet. But that is a quibble over your comment, not relevant to BVG's situation here.
You also blasted me about being wrong on the TFT financing hold period. Sorry, I thought I was making a point to the general issue of too much dilution and why the oversubsciption, as opposed to exacting detail. I was close though, 30 days vs 120 days. Btw, I am resident in BC and did get 133% tax break so you should ask first and shoot later eh.
One thing I was going to let slide from your first post was you said that the market is not aware of the value of some of BVG's properties or BVG was not getting credit because the market misunderstood. Not an exact quote but I am sure you will understand the premise.
Well the market knows everything about this little company that can be known and probably several things even you don't know. BVG has been and is being followed by many serious groups who make their livings by knowing everything there is to know. That does not however, mean that we are going to make money on the deal. We make money when the sp rises, not when a new discovery is made, a new assay is reported, or necessarily on any new or exciting discovery in the company's history. We only make money on the SP rising, unless you are a basher and you are short. BTW, please stop calling me a basher, if you are correct in your wild eyed enthusiam and the sp rises immensly from here then you will be right and I will be happy. In the meantime, I admire your enthusiam but the wins and losses for us are in the sp at the close of the market, and that is that.
You are the one who brought up tax loss selling, which by the way, is only just in the early stages so to say that there is none is not yet possible. Also I did not say anything about not liking Bravada or liking it. The matter is simple for me, this is not the time to be expending more money on prospects. Give me a win on BVG first and promise me the rest later. I don`t buy any deal because of a bird in the bush.
And lastly a reminder, please do not call me a basher again or I may have to start calling you a company hack.
I am very much an upset shareholder and I believe I have that right.
Miner