OTCQX:BGMZF - Post by User
Comment by
yaponskion Dec 18, 2013 2:39pm
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Post# 22019343
RE:RE:RE:The Twelve Days of Christmas
RE:RE:RE:The Twelve Days of Christmas
Well, one never knows however halcro reported a serious short covering....
What are we interpret from that...?
Prices about to increase...?
Capital gains...?
Other...?
Boss,
200K shares on a base of 100M shares is barely enough to be noise.
Nice enough noise for the trader pocketing the change but noise in the big scheme of things.
I think we nailed in our discussions yesterday -- it all depends on the price of gold. If we get a raging bull market return with a revival of gold explorers/developers, I am sure BGM will do very very well.
And if we see triple digit gold prices, I am equally sure that we'll see sub 10 cent prices on BGM next year this time.
Wild card in all this is if we get taken to a new war.... troops on disputed islands in China seas is but one possible flash point. I can't even image what that would do to the world economy... But when times get tough enough history does show they take us to war....