I would like to say thanks to Darlene for the response, and to all for their posts. It sure makes it interesting and I feel that your ideas help to allow me to look at things from many perspectives(good or bad). I definitely am excited for many reasons. The MAIN reason I have held is that the volume has been so good and the price has been slowly rising without any news. This could mean many things, but for me, it means buying into a potential blockbuster and anticipation of JV news as well as the quarterly report(if no production news sooner). The production news will be the clincher up or down. That JV deal will add credibility as I once said and obviously cash for more activity. However, it is what is coming out of the ground that will make or break this puppy. If we can see some good results, and I mean in the NEIGHBORHOOD of 1oz./ton, this company will continue much higher. If they say we have been going great guns for 1 quarter at 60 tons/day in the mill and we have a total of 50 oz., then that would be bad. I can't say that I don't think that will happen because I just do not know what they have been bringing up. Noone knows but the miners, engineers, Jim, Lionel and whoever else I have not mentioned. I am really hoping that they are bringing up stuff. If they are, regardless of how accurate Cambridge's numbers or anyone else's numbers are, this baby will rock and roll till there is more evidence of production and won't stop till there is bad news of little gold production.
This may be obvious, but the gun is waiting to fire. If we see good results-you know what I mean-ohhhh mama!!! Till then I am enjoying some fine profits here(unrealized) and expect to see more slow positive movement till the big news. We are either going way up or all the way down. This is definitely not a sleep-well-at-night stock for me. I am VERY anxious to hear the word, either way.
I hear BRE-X went to $300(pre-split) and they ended the way they did. Someone please educate me on the BRE-X deal? What would prevent this gold company or any gold company for that matter from going to $300 or more with a major gold find on 45 million shares outstanding?
I am excitedly bullish if you cannot tell, but extremely fearful of a dramatic drop. This is why I watch this sucker like a hawk. Darlene, I know you have been there and heard this or that and so on, but did you actually see the gold being extracted and reformed? That is the key to it all.
Anyone seen Tech, lately? Where are you old boy? I am going to try some new things this week-contact brokers(houses) that follow gold stocks and get their opinion on BCMD,and anyone else I can find respectable. Good day to all.
Miller |
