OTCQX:BGMZF - Post by User
Comment by
GoldExecuteon Aug 06, 2013 2:07pm
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Post# 21652056
RE:Speaking to 10 people
RE:Speaking to 10 peopleRoller... What you fail to realize is that when the initial report came out, it caused a huge stir within exploration. I don't think stir is the correct word, I think uproar to PG's report would be more appropriate. YES, people have followed the whole saga... and it is just that a saga. This thing has al kinds of drama.
Second time this management group has been CTO'd
The revised resource took an un precedent amount of time to get out
It is still under CTO
It had a failed run at it
It is unable to pay its bills
the revised resource dropped from 10M to 1M oz's
A secondary investment news letter had a geo say it had over 200M oz's
It isn't the first time PG got in trouble for a resource
Between the First PR and the PG report filed, the oz's changed quite drastically within a month
The company continues to make promisses that are never met
These include - "Next Month"
"we willo trade within the next week
" we will produce gold
we will produce over 50,000 ozs
The list goes on. Well guess what?
When geos and people with in the Junior sector sit down and have beers... This is a favorite topic to discuss... It is fricken Bizare, and I guess you just don't get how much Geologic drama has come out of one company. this is not the norm. It has real and tangable effects on the Jr. market.
It has many news letter writters pounding on the key board. It has made the front page of multiple news rags... and not in a good way. So yes, it is discussed often and analyzed, and poked at and questioned as to what the real upside is.
You don't have to take my word... Read the northern miner. read whate3ver... but you sir or madam are the one who is pushing an agenda.
I have been caught up in the dramsa of watching this thing go kersplat... and I am sure it is a long time from over. I watch these things as part of my living and as part of my investment. I use this info to improve my investments and to in part entertain... Were can you find a story like this.