OTCQX:BGMZF - Post by User
Comment by
halcroon Mar 30, 2016 12:11pm
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Post# 24711370
RE:RE:my prediction over $1. end of the month
RE:RE:my prediction over $1. end of the monthWell, silly...that wasn't just a silly call; it was pure insanity.
On March 3, BGM was at 56 cents. In the here and now (March 30), BGM is barely hanging on at 49 cents.
Don't give up your day job just yet, as you're still pretty lousy at the mo-mo calls (check your compass; looks like it's reversed polarity, calling south as north).
halcro wrote: beatmesilly400 wrote:
Based upon what?
Gold production?
Since BGM opened on March 1, 2016, at 60 cents, it touched 61 cents and retracted to 51 and is presently at 54 cents.
That's a loss of six cents (10 per cent).
Gold opened at about 1,245 (U.S.) on March 1, touched $1268 today and closed at 1263. That's a gain of .014 per cent, yet BGM shed 10 per cent.
Not that BGM produces any gold and, according to the latest financials, it won't be back into mining /milling until the 3rd quarter of the current fiscal year, which would be Sept. to Nov., 2016.
So...what will bump the price up by 46 cents (85.2 per cent) over the next 21 trading days?