GREY:BFDRF - Post by User
Comment by
investornoton Apr 23, 2017 3:55pm
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Post# 26154851
RE:RE:I guess
RE:RE:I guessEverything being relative BFD's price should never have been taken up to where it is now if you purely subscribe to the notion that OSK is calling all the shots with impunity and intends to buyout BFD. Also Dundee acted on behalf of BFD in the most recent PP.
I have to side with Ripple on this one and while discussion is usually healthy, redbad, you ask for proof without providing anything more than speculation in return. As investors we only know about insider trading when they are either on the BOD or have acquired a minimum of 10% of the outstanding shares. That limits what we know and until the exchanges change the rules it is what we have to live with.
redbad, given how adamant you are that BFD will be allowed to whither on the vine I have to wonder if you can be convinced of anything else until something actually happens. Personally I think this is still a work in progress and there will be some upward price movement to come as accumulation continues. If results confirm the extension of good mineralization beyond OSK's borders then that will be a game changer.
btw... there are over 10MM FT shares out there that went to someone plus continuous high volumes that indicates to me that this is not just retail traders. I do believe OSK is consolidating a majority ownership or control of BFD through friendly hands. That very well may limit the eventual potential here for the retail investor like myself, but I don't see retail being shut out completely. Time will gives us all the answers and (IMO) I believe that we will know a lot more soon. Place your bets if you feel so inclined and good luck!