OTCQX:BGMZF - Post by User
Post by
Lenard49on Nov 22, 2016 11:08am
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Post# 25495423
again more shares issued
again more shares issuedWhen I purchased shares back in 2010 there were 56,561,131 shares issued. Since Sprott and company got in, the Feb, /16 Financials indicate shares issued as 270,542,168. Equity becomes 20% of what it was and the share price reflects that. It went from a little under $2.00 to $0.46 yesterday. Now we see 10.5M more issued. These clowns keep digging a deeper hole and forcing down the equity position of the shareholders.
The only winners here are the major shareholders who look after each other and some employees. Sprott and Osisko are the winners.
Somewhere this bilking of the shareholder has to stop.