OTCQX:BGMZF - Post by User
Post by
okanagan01on Nov 09, 2012 12:49am
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Post# 20580042
Motherlode or Bust
Motherlode or Bust I am betting on the former.The longer we go without a financing the more I think Frank has the goods.The fact that he doesn't want to dilute the shares speaks volumes.
Heavy equipment working , assays , Snowden, mining boss hired , etc costs big money.Probably deeper pockets than even Frank may have.Now he may have promised the contractors a nice bonus with little or no up-front money - or possibly their is a suitor in the wings.Waiting for the first bars to be poured before committing.
Now if the first bars are poured BEFORE the CTO is over - more suitors may line up.
Frank has worked a LONG time at this site.He would not be throwing good money after bad if he was not sure.This may go easily into next year before anything comes of our long wait.Heck Frank waited nearly 20 years ,we can wait another 2- 3 months.We may lose 30% not being invested in other stocks right now , but an 8 - 10 banger will more than make up for that.GLTA longs.