RE:RE:Here they come taking down the wall....the BBoS wrote: Hoss is bang on , say they short 1m-2m shares over the placement period and on average make .05 cents (was .68 remember )
easy 50,000-100,000 for shuffling paper at no risk
gotta wait until deal closes for real rise
gold rising and production announcement very important
Actually, what is important is production at a profit... so will the 2014 full year bottom line net be postivie this year? It would I believe the first time ever the company reported a full year bottom line net profit. It certainly didn't happen in past years when the company produced 20,000 ounces.
So, new game. Who believes
- Full year 2014 financials will show a bottom line net profit (small but positive)?
- Full year 2014 financials will show a bottom line net loss (small but negative)?
- Full year 2014 financials will show a huge bottom line net loss?
- BGM will be reorganizing under court protection before full year 2014 financials are issued?
Not a hard contest. Is it door #1, #2, #3 of #4 for you there BBoS?
Me, I am definitely leaning towards door #4. Too many road bumps and not enough cash on the balance sheet to hand same without tipping. Remember CSI, $5 to 2 cents to halt while court order protenction for reorganization where original share holders (aka bag holders) are getting 1.7% of the new company and the gold stream holder is getting most of the company.
Just expressing an opinion. I just can't see the company making it through the 2014 mine field with all fingers and toes attached. Maybe it is the war drums in the east that have me worried but there it is :)