OTCQX:BGMZF - Post by User
Post by
Rollercoasterblueson Jul 05, 2016 1:42pm
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Post# 25023851
Anyone wish to see what is possible when next 43-101 releas
Anyone wish to see what is possible when next 43-101 releasHave a look at BRI.....Brazil resources released in the middle of May.....stock declined for a week or too with new investors selling because the stock had tripled or more over a year in anticipation of this. Since the temporary selldown, pros are taking it up higher to new 52 week highs and it is now market capped at $275 million.........with 2.5 indicated ad 6 million inferred over ALL OF THEIR PROPERTIES!! Surely, BGM will top this in the next 43-101(s) so you can see where this is going to go forward. We should be valuedd closer to $1 given that our float is 1/3 of BRIs.......lots of talk of this company being a takeout potential for 'thirsty' gold mid/large caps who want ozs in the ground with appreciating gold. What would be nice is to see if BRI gets taken out...(I'm thinking $6-8 per share making it worth approx. $700 million).......and we have our 43-101 release. Here is the kicker.....it is trading@ 2.75 today and its gold resource is gold equivalent with a mix of gold at low grade, copper and silver.......our grades are unreal compared to most others and especially BRI.....I'm just saying....we are wayyyyyyyy undervalued and time will show this. Keep an eye on BRI to see where it goes.....