So when will AGM 2014 be?As I understand this, this AGM only covered Fiscal 2013... Yes a year off? How about discussing how much gold was produced in 2014, and the cost associated. Several here have said that they said that at the meeting, they talked about all this money earned, yet it was 2013 this AGM was for. The press release didn't suggest anything about profits, or revenue, or loss...
So, BGM has all this new management, yet no transparency,,,, Let me count the ways;
A sugestion of a 20% increase in assay results based on doing Metalic Screen along with comparission --- Not yet.
A 43-101 that would show industry that the resource is valid... IMO, not yet, still using MIK, no geologic model, and no true widths... AND most important, not incrporating historically mined out areas and how they could change the resource.
How about addressing how you take care of the $12 Million plus in industry payables... As i understand, this would be contract mining, assays, hauling ore, contract employees and money owed to Standard Drilling and Engineering... If I am wrong about these trade payables, please let me know so that I can correct my information here. Besides... Isn't it time they pay the bills to Standard Drilling & Engineering.... What the Heck....
In My Honest Opine, if BGM wants to move forward, get it all on the up and up, they better start showing the shareholders (I am sure Uncle E gets better treatment), the information that will allow an investor to understand what is going on.
Having a AGM 1 year past the actual fiscal year isn't exactly upfront IMO...
OK longs, give me hell, but if you don't start asking your company to provide you with the information you need to decisde as to weather this is a good investment, then you will be burned once again. Hold them to the standards... They can do it!