OTCQX:BGMZF - Post by User
Post by
goldsenioron Jul 06, 2012 2:30pm
186 Views
Post# 20089706
JPV5- pay attention.
JPV5- pay attention. As an observation, you seem more of a board basher than anything else- please don't take it personally, as I am not out to discredit anyone and you are definitely entitled to your opinion, and so am I... it is just my perception and first impression of your posts. Yes, I am new to this message board, but I can see a negative bias when it is in front of me, judging from your posts. There is no conspiracy here; take the news at face value as these results are a few years in the works. The results are very impressive. This is exactly the mining junior story that attracts the majors. With these results, they are all sniffing at BGM as we speak, believe it. I expect there will be an eventual bidding war behind the scenes for BGM, with its huge verified resource. The price action here is typical of big upside pps stock moves. This story is only going to get bigger from here- expect large flows of money into the stock, as well as lots of volatility. Shorts will attempt to squeeze every dime they can, but with a story like this, the longs have the clear advantage. We are at about a 50% retracement of the initial pop- lots of upside coming. Play it any way you like- I choose to be long and accumulate while it's still low, with perhaps a few partial sells & buybacks into the impending run-up. These low prices will be eclipsed by much higher prices in the relatively near future, in my opinion. It's a definite buyout candidate now. Not too many juniors can boast of such impressive drill results! This is big, my friend.