OTCQX:BGMZF - Post by User
Comment by
ovison Nov 16, 2012 12:30pm
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Post# 20610395
RE: Rmx and the bcsc
RE: Rmx and the bcsc cobalthead, I sure agree that the BCSC handled RMX very badly -- there was a total lack of transparency. To this day, I still don't know if the BCSC acted because of a complaint from a certain bank analyst -- the BCSC members serve on several boards with bank analysts so this is an insider community. I don't mind that the BCSC questioned the RMX report, the subsequent bulk sample proved the point IMO (and the fact that the bulk sample wasn't representative is bad on RMX and not the BCSC), but I do mind the total lack of transparency. The stink of insider action is purified by full transparency. That is what I'd demand for the politicans. And I think it would be easier to make the demand if there was one federal body for all of Canada. The score card of the agency should be a matter of public record with enough detail for all to review and determine if the BCSC is acting in the public interest and within their mandate. I'd love to rank the BCSC based on their performance. These are high paying jobs with loads of benefits -- I want to see what I'm paying for based on bottom up details...
Anyways that is my soapbox on the BCSC.
I expect the next RMX tech report could add ounce -- there are some pretty good deep hole drill results. Narrow, yes but very high grade. But I'm holding off any RMX plays until they are in production... developers aren't getting much respect in this market. I'd rather put any spare cash into Sandstorm which btw is off very nicely from recent highs.