BCGold - tragedy at its finestWell, I officially sold off my position yesterday and I know a lot of my friends did as well, amidst the news of what is probably the worst assay results I have ever seen for any junior. So out of 5 holes, 1 hit a stope, 1 hit dirt, and the rest hit just about nothing. But hey! Let's waste more of the shareholders money drilling more there!
They have yet to announce anything regarding Pepper, and Toe has gone silent, and the sell off continues in to today.
Some of you are trying to defend the company saying a private investor holds 20 some odd % of the shares. Yep and he's friends with Cliffs. Go look at SPQ if you want to see how to get screwed out of a takeover. You want that to happen to BCG?
It certainly isn't "post-PP sell off" either. That makes no sense. It's post-crappy news sell off is what it is.
Then there's Beamin, and you believe he bought more shares? He says Engineer wasn't what he invested here for. Then what? Their entire focus this year has been on Engineer. It failed.
Have fun with this one. It's going to 3 cents.