OTCQX:BGMZF - Post by User
Post by
Ogopogo007on Sep 25, 2019 10:07am
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Post# 30162573
At 46 cents....Frozennutzak "makes" money
At 46 cents....Frozennutzak "makes" moneyAwesome return...lightspeed investing for you.
didn't you hold this for years while it was 'Dead Money" ie Fast Franks's 90,000,000 oz CTO ?
From International Wayside daze
“Had an investor bought 1,000 shares then and hung on until August 2005, he would then have found himself rolled back 1:10 and left with 100 shares. Had he held those until January of 2009, he would have been rolled back 1:10 again, leaving 10 shares. His original $2,400 investment would now be worth $9.70.” ($9.90 as of July 6, 2012)
So is your "return' worth it ?
Golly...all that averaging down, more $$ chasing a declining sp in the hopes that someday...now...you get to ring the cash register. Well....more like tinkling it.....at 48 cents this am....you would barely escape with a profit.
After how many years?
To each their own investing strategy.
Mr King's other pick is up 500%...if you bought during Dec tax loss selling like I did. Since they have drilled up over $2,000,000,000 worth of high grade gold and are mining it in the lowest 5 global AISC category...in case you haven't figured this out as yet....production and profits matter
I am certain you used sage advice posted here recently...that Byron King had given up on BGM and put a sell on it...sure sign SP was about to go higher...to "load up"
Enjoy your profits...will you get vanity plates to go with your new Ferrari? I haven't seen plates that small for die cast cars