OTCQX:BGMZF - Post by User
Comment by
Rollercoasterblueson Jul 05, 2016 1:20am
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Post# 25022030
RE:Roller....years ago when I was a center of a non compliant
RE:Roller....years ago when I was a center of a non compliantWe are p the same page Mike....this was my vision 3 yrs ago....its coming to fruition and I can afford to be patient since being patient has afforded me all that I know and have hoped for.....30% avg. profit per year since holding BGM......expecting when this is done to be avging 50-100% per year of ownership. I held Denison for a long time and even too long......but I did make money from it just like I did with Uranium Participation.......but, in both of those cases, I did not gain ground floor like you. I have done so with BGM and reading the geopolitics has helped me from making a rash decision to sell until I think I can get what I believe is fair value for the company and its properties. Even if gold trades between $1200-2500 over the next 3-5 yrs (and I think it will)......I believe during that time BGM will be legitimately proven to have a book value of $1 to 1.5 billion$.....so for me, with more shares floated for drills, I believe fair value will be $4 to $5 per share without hitting the HONEYHOLES ala Aurelian.......and if we don't, we should hit my fair value price target or better in the time period I suggest with an avg grade from drills of 5 g/t which is around half of what we have been able to produce so far so I believe.....$4-5 could be conservative but walking away from it all with over a million in your pocket is not too shabby when all you do is just bet on yourself, your gut, your intuition , your patience and your know-how......worst case scenario.....I sell out at .75 cents in 3 years and average +15% per year of holding this stock...still way better than any bank or other investment vehicle will offer me to participate in....sans real estate.
Its all good going forward but lets not let people feel delusioned into thinking this is going to $4 in a year or so.....or even half that......lets just see 'our company' proven itself out and the rest will take care of itself. What I can't control in price, I can control in control my finger on the sell button.
Adios, amigo