OTCQX:BGMZF - Post by User
Comment by
yaponskion Sep 25, 2013 8:19pm
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Post# 21768122
RE:sour grapes
RE:sour grapesfalc,
Was the Pebble deposit in Alaska impressive? It has over 100M oz of measured + indicated resource. So, is Cow Mountain with 1M oz in Indicated impressive? Well, eh, Cow Mountain is something but doesn't mean too much until there are permits inhand and mines built.
Pebble may not get developed in the next 25 years, or at least that is what Anglo though when they walked away from over 500M investment in Pebble.
The Pebble problem comes down to the locals don't want a huge open pit mine. Sort of reminds me of T'Silhquot'in around Williams Lake not wanting New Prosperity.
So, we will see what is impressive. As I said, already I am impress with this move by FC and BGM and do await the start of trading on the TSX. BTW, falc, why don't you share your expected 1st Friday closing price? Not comfortable with timing. Cool. Then be the first to offer odds on whether BGM is first to close under 10 cents or over 100 cents. Pretty simple. No gimmic and absolutely measurable like when the tide goes out you see who is wearing swim trunks and if not, well, just avert your eyes... if it is the BBoS in the water, the image won't be pleasant... :)