RE:Year later and still some longs watching dead money.Now Now Czech, please try to be fair about the whole thing.
First off, a year ago gold was much higher in price. All mining stocks have fallen over the last year. Look at how much the cream de la cream of the miners, those in the GDX, have fallen. It isn't pretty. I love this chart and check it daily to watch for trend changes...
https://www.goldminerpulse.com/correlations.php?g=gdxPrd&s=s01015&au=1&gA=yes&gAW=avgMCW
Click through the GDX members (at least those on the TSX), you see, past year wasn't such a good one... BGM didn't do half bad in the big scheme given that they were mining at an all in cost north of $2,000 I'd estimate...
Second, the company 12 months ago and today is 100% different in terms of managment. The 5 person IR team. Gone. The 96 pound snow girl, gone. The CEO, chief geo, pizza delivery person, all gone. Positions terminated as not required or staff replaced.
So, BGM is in effect a new exploration company with some interesting properties and 1 million feet of drill cores, most of which have a lot of -1 data points... which maybe represent cores lost due to "poor" drilling practise... can't say for sure but the implication is certainly there in the Jul and August press releases. Big tease that may be intended to gen interest and it certainly hooked me, I've bitten hugely....
So, bottom line my friend, take a clue, and get ready to pounce on uncle e's baby... I'm thinking under 10 cents but hey, maybe the pumpers here are right and these 25 centers are the deal of the century... only time will tell, eh... :)
Now go BGM, go... that is, first go to under 10 cents and then go up as gold rises to the $2,400 level once promised by a certain former billionaire who also happens to hold a sig position in a certain BC gold mining company... nudge, nudge, wink, wink... :)
Czechlate wrote: Here we are a year has gone by and BGM is down over 40% and yet you goofy longs are still trying to expel the virtues of BGM. It is laughable actually. How long are you going to try and get this smelly maggot infested dead mule to get up and carry that pack over the mountain. It is not going to happen fellas. Give it up and sell your shares and put the money into something profitable like a friggen lotto ticket. Come on now you must be better investors then this.....right?? Maybe not or you would have shed this anchor long ago.