OTCQX:BGMZF - Post by User
Comment by
DDocon Sep 26, 2019 7:17pm
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Post# 30168571
RE:.58
RE:.58It's only 58 cents IF Osisko is worth $16.26 as it was on September 20th.
But now Osisko is only worth $13.30 so the BGM shareholders 0.0357 share of that is 47.5 cents. The rest of the BGM drop is just arbitrage. OR is dropping because it's shareholders haven't a clue about BGM and are risk averse. They were happy with a measly 2% dividend. OR is getting a potential world class mine on the cheap.