OTCQX:BGMZF - Post by User
Comment by
yaponskion Mar 16, 2014 1:32pm
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Post# 22329190
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here is a Thought ...To Help!
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here is a Thought ...To Help!boss_waz wrote: Rollercoasterblues wrote: Boss.....Tesla reminds me of a Ballard power from the mid-nineties......great product potential.....a definite niche and need but very expensive to get it into common use.....economies of scale have to be overcome....
BGM, Tesla and Ballard are an interesting comparison.........I subscribe we are more like a Ballard Power who have been around a long time with something proven and now are beginning to figure out the economies of scale and scale of politics to get this wheree it should be....
Have a look at BLD.....I have been in this before.....took a 5$ share up over $25 quickly (shares were over $200 at one time!) but now the company is a slow chugger with still great potential to finally sustain itself and be very profitable....many thought it would survive the downturn recently and got as low as in the .50's like BGM.....well......its over $6 and it is marching towards double digits reaching towards its true potential....
Sound familar?
Nice if you got into Ballard under $1.....yes it does sound familiar....
Comparing BGM to either Tesla or Ballard is stinking thinking IMO.
Tesla is bring new technology to the game. Ballard had a new idea that some though was going to be a game changer.
For a mining company to be in the same class of Tesla would require an innovation on part with the introduction of heap leach gold recovery. Heap leach is relative new and it opened up the option for profitable recovery of many low grade gold deposits. It was a game changer.
But nothing changes with the BGM game as far as I can tell. The latest excitement on BL ore dates back to 2004, a full 10 years, when there as news on bulk samples from the deposit. Nothing new there. Just same old same old.