OTCQX:BGMZF - Post by User
Comment by
yaponskion Sep 16, 2013 1:54pm
226 Views
Post# 21743256
RE:RE:RE:RE:RE:Updated Report (Proof that it's all BS)
RE:RE:RE:RE:RE:Updated Report (Proof that it's all BS) halcro, 600M pennies is correct so it would just be prolonging the agony and avoiding the court order protection from creditors while a restructing (with rollbaks and the like) takes place.
But I am a glass half full kind of guy. With those 600M pennies, maybe, just maybe, BGM could start production on those 50,000 oz of gold a year that was promised years back. And if I recall correclty, and adjusting for current gold prices, the BBoS spreadsheet analysis on production should have approximately $500 per oz profit. 50K times $500 per ounce is 25M. More than enough to refloat the boat.
So, Halcro, you just have to put a positive face on the whole matter and see the potential.
BBoS, Fred Flinestone, help me out here on the potential angle. I feel potential isn't getting enough play here so I am stepping in to provide that spin for the board's benefit -- nothing worse than oneside information....
So, it is all about potential said the CEO to the faith investors as they starred into the dark abyss aka the gold mine shaft. Remember someone always gets the gold and someone always gets the shaft...