Tech, no doubt the bid / ask given was a joke.
I thought the press release was reassuring by the way ("yes, children, we'll get to Disney Land.") Every one chill. This company seems to go out of its way to communicate with shareholders. I believe management, even though I haven't even spoken to them yet, because of local press articles, various sources on this board stating mgmt's openess and reports of local townspeople buying the company (on AOL someone posted that locals were buying BCMD one or two days before it shot up to $1.50). They're can't be so many different people lying in so many different and creative ways, can there?
It is my opinion that if BCMD reports good reserves plus average production of more than 2 oz of gold per ton of rock milled, this stock will take off. Why? Because initial profitability backed by good reserves means a long-term source of financial stability and a means to further expand its operations. That is my personal goal, anyway. I don't know if I would sell if initial production is under 2 ounces per ton. But with all the hype surrounding this stock, they better deliver some outstanding numbers to make me happy. If they don't it probably will not be the end of the world, but I would be disappointed. If production is less than 1 ounce per ton, however, I'm an instant seller.
In my humble and inexperienced opinion ---> S |
