OTCQX:BGMZF - Post by User
Comment by
waitingstillon Aug 10, 2018 4:32pm
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Post# 28442796
RE:RE:RE:Sprott
RE:RE:RE:SprottHey Japanophilia. I think you added a "2"? I remember you from the "olden days" of CGX. I am still there. Exxon has hit over 4 BILLION barrels there (with Hess and CNOOC) just bordering CGX concession. We went up 5X in one day to $2 but dropped back down very rapidly as the company could not follow it up with anything worthwhile. Still hanging in there waiting for our drill. Still complicated. Sprott came in here to save this and got it cheap. I don't know why he left but my guess is that he had his eyes on a bigger prize in Australia with Kirkland Lake and Novo. He is in heavy there investing in multiple companies there including a big stake in KL (of course), Novo, but also him personally or KL or into Kairos, DeGrays, Artemis and Pacton. They have big plans there and my guess is he did not want to wait for a few million out of BGM. I should have left when he left. I have some shares left here but have sold many. I averaged down a lot during the bad times so I made some here but not nearly as much as I should have. I think this will come good but will take a long while.