RE:DONE!!!!!!!!!!!!!!!!!!!!!!!!I can understand why you have soured on the venture exchange, besides the market being the worst I have everv seen it in over 30 years of investing its very difficult to know which Companys have the right intentions. I somehow have come to think that maybe 10% of them at the most. After investing in this exchange on amny differant Companys over the years I think that you have to have three key things that must happen in order to be succesful.
1) Good Management with good re*****tions
2} The right project
3} The right timing ( this may be the most important one}
Although some people here will disagree with me here I do beleive that the present management are trying to do the right thing, I also think we have the right project but just have been unlucky so far as to how diffiicult its been to identify the resource that they beleive is there although the timing of all of this could not have been worse.
Take for a minute and think back to the late ninetys If BMK were releasing the results that they have back in those days this would easly climbed to at least a dollar or more which would have put them in a situation where they could have raised a lot more money with a lot less dilution.
Anyways it is what it is and theres not much we can do about it . I see it as we have two choices and that is bail now and salvage maybe 2 cents at best or be prepared to risk it all and hang in and hope that they can hit the target the next time. Its funny sometimes you would like to think that if you take a bigger risk by getting in early you will get a better return but quite often the Company has not raised enough capital to bring the project forward and they go back to the well not once but twice and then a third time and so on and so on so, so much for getting in early. Anyways like I say we got two choices If I really thought that management was not trying there best I would lick my wounds and move on but I do think that they are comitted so I'm going to stick it out.
Anyways I can understand why people are frustrated as am I but for the sake of 2 cents whats another 6 months.