RE: RE: RE: RE: Babs...error of reasoning bigbab: "You think the deal is dillutive and not ideal for shareholders ,well congratulations your right, I ,and others on the other hand see a value in Tomsett's industry credibility and 40M infusion ,and most importantly mgmt control."
BigBab I think you make a big error of reasoning. BGM is stockpiling ore, worth 10000 ounces, at QR mill. Alone this is a worth about 17 mio$. Mining costs are already counted. Its only milling/smeltering costs. Next week we may get the first 400oz goldbar, worth 680.000$. It is anticipated, that this will go on then every week.
So you have to explain me WHY THE HE?L does BGM need 50 - 100 mio$ cash?. Its only to go in cheap in a wealthy growing goldminer. Nothing else !!
Also: I did read some posts from you in the last months, where you quite agreed to Franks way how to manage BGM. You did defend BGM against every critic. Now you have changed the side, new agenda ? I think for sure. You are now absolutely implausible for me. You said, that you own more shares than all other posters here, but till now you did not even google the would like new owners. Hey common, WHO does this believe ?
est Regards, Fred