5 for 1 and 1 for allWell, news is out about the 5 for 1 roll back. Now we can start all over again at 8 pennies and just as alkyd said, that is probably where we will start...and end. I imagine there will be a private placement soon at 10 cents or thereabouts, which will soon after be dumped at 11. Let the games begin again
When news of Mr. Wu buying shares came out, Bard shares climbed very quickly to more than 30 cents. That showed where these shares should have been with 52 million shares issued. Shareholders saw there was a possibility for new management. Hope was quickly dashed when news of a share roll back came out and the share price collapsed. Now there are 10,627,953 shares at 8 cents and the Lone Pine's 163 million tonne ore and the Quartz Breccia Zone's rich silver/gold ore is worth a total of $850,236.24...power line, gas line and two mining towns within 20 miles by highway, which passes within 1 kilometre of the ore zones. Won't somebody buy this company and dump this management.
News that Mr. Wu was going to be a control person rather than what we have had for 13 years was enough to provide share holders with hope and give the company its real value, temporarily. Hopefully Mr. Wu and possibly other new management with him will develop the Lone Pine property by drilling the silver/gold rich Quartz Breccia Zone. That should have been done years ago, rather than taking the drills away when they were drilling through amazing silver, gold, molybdenum, copper and rhenium ore there, rather than walking away when it was half developed.
Mr. Wu and new management is our only hope. It won't matter how many share roll backs there are here, if management remains the same the exciting Lone Pine property will never be developed. So sad. I'm ashamed to be involved in this company. I'm only remaining here because of the Lone Pine property's great potential, which hopefully will be developed by new management some day.