OTCQX:BGMZF - Post by User
Comment by
halcroon Feb 12, 2015 1:08pm
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Post# 23422763
RE:RE:NI 43-101
RE:RE:NI 43-101Bullboard chatter (and stock volume) way, way down.
Must have scared them silly by suggesting, tongue in cheek, that they'd be forced to BUY BGM, instead of just having to BS BGM.
halcro wrote: halcro wrote: The good news is that the report should be out by the end of next week at the very latest.
Due to monetary restrictions and a continuing lack of reliable and verifiable upgrades to indicate, inferred estimates and to historical core contents, a decision was made to focus instead upon a new National Instrument filing, a 33-101, instead of attempting to massage the outdated 43-101, dated December 31, 2012.
A NI 33-101 was determined to be more meaningful to present and recently-past employees, as the opportunity to administer their own self-directed RRSPs, RESPs and RRIFs may provide near-term benefits.
The board would like to thank its shareholders for their continuing support.
Hmmm. Word on the street is that employees (present, recently-past and soon-to-be-past) were offered the seemingly standard two-years-plus-perks golden handshake if they invested the cash into their NI 33-101 retirement plans and then bought BGM shares from treasury.
The word on street is that there was a resounding, unanimous, "NO" (wonder if they'll invest with Golden Cariboo, Legacy, or Blind Creek instead?).
The board won't thank its ex-employees for their traitorous lack of support.