OTCQX:BGMZF - Post by User
Comment by
glorieuxon Jul 08, 2012 6:55pm
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Post# 20093173
RE: Translation
RE: Translation Your post to me suggest you are highly imaginative! Richard Gilhooley gave the standard response anyone in his position would give. They halted the stock for 2 days less 2h15 because the company claimed 10.6M ounces. They went thru the NR and found nothing wrong with it and let it resume trading. For you to imagine that the standard line equivocates to "taking flak" is absurd. They will review the 43-101 report when it comes out and if they have issues there, they may halt the stock again but that does not mean they are taking flak for it. The only people giving flak to them could be shorters and I doubt very much that the BCSC would give a rat's butt what they think.
For the BCSC to give permission for a NR claiming 10.6M ounces to be allowed out and be able to resume trading is a vote of confidence that things were done right. If they felt that something was off, they would have kept the stock halted until they got all their questions answered or the NR was changed to something that they could accept.
Investor and potential investors should view the BCSC allowing the 10.6M ounces of gold in the indicated category news release to be published and to resume drilling as a vote of confidence that things were done right on the NR and deeper in the 43-101 where the BCSC would of had some pointed questions.
I really hope the company and Peter George get vindicated here. Above all, I hope we see a short squeeze on Monday.
Glorieux