OTCQX:BGMZF - Post by User
Post by
GoldExecuteon Nov 08, 2014 8:25pm
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Post# 23110613
Amazing ....
Amazing .... I have been South of the border (Southern Mexico) for 8 days, I saw the press release and continue to be stunned that once again, BGM fails to provide any comparison to the Reject re-sample.... On top of that people here continue to believe that the Mining at BL will pull this thing out. Many Think that Sprott will save the day.... HMMMMM, one just has to wonder. Do investors here really think Sprott will just keep allowing this red to continue.
I myself see some major split of the company. Why not stick the debt and BL, mills in one company and spin a newco that does propper exploration on the major land holding. Start fresh.... Forget the roll back, just stick the debt into something that can absorb some of this... FWIW, I am stunned that the price is actually above $0.10 after last quarter, Carried debt and the reliance on the vendors to carry BGM forward. Do Investors here think that Snowden will do work betting on the come? I know contract minners will do it, but honestly... SNOWDEN does understand how hard it will be to move forward. Even E.C. in the MDN&A stated that companies success will be dependant on vendors.... OHHH, and by the way, ACME is not going to do assaying betting on the come!