OTCQX:BGMZF - Post by User
Post by
ebaginon Jul 23, 2013 2:35pm
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Post# 21625141
It would seem the shorts are still in the black for now...
It would seem the shorts are still in the black for now...The way I see things the shorts are good as long as they can cover under $1.10. So if they cover now they are safe and well in the black. And of course the only opportunity to cover now and in the black is the OTC.
I am looking forward to watch this heat up as the momentum to cover increases. This is also, a great buying opportunity for those wishing to accumulate holdings or take a position in BGM.
Why do I think this? In my opinion the report spelled out quite simply how they need to proceed....Resample eight hundred or so cores, drill a few new holes deeper and this resource estimate goes way way-way up. Nobody is fooled here.
The BCSC played this well and BGM learned a good lesson. Yet the gold is here and this baby in going to be a play.
Not many opportunities like this exist.
Take advantage while you can.
Ebagin