My latest post on scam hub see my additional comme
Post# of 9903
Posted On: 10/26/2013 3:13:58 PM
My latest post on scam hub see my additional comments underneath which I thought of while writing but did not post them on the board:
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The Cinco Minas mine is an open pit mine, by far the easiest to mine. It really wouldn't have taken much to keep operations going all this time. Go figure - they were about to pay a dividend funded by the revenues of gold they had already mined and sold on the open market. So why wouldn't they have carried on doing just that in all this time. Doing that would also be of such a huge benefit to the local community providing work, income and a higher standard of living to the locals.
Then they were also planning an upgrade of the mine, to be completed by November of this year. So they were already making sufficient profits to fund their day to day activities and pay a dividend, so the next thing is to step up in production.
The area occupied by the Cinco Minas license still has large parts which are unexplored. No doubt there is still a lot of gold to be mined there probably for another 25 years!
We know BGL DOESN'T own those mines. What we shareholders are now waiting hear is who does own those mines.
This is the news that is coming that will ignite the share price.
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It occurred to me while writing this post that maybe BGL commissioned a private study which found a vein with an amazing amount of gold/ton in it which they have deliberately not told MSJ about.
I'm just guessing and speculating.
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The Cinco Minas mine is an open pit mine, by far the easiest to mine. It really wouldn't have taken much to keep operations going all this time. Go figure - they were about to pay a dividend funded by the revenues of gold they had already mined and sold on the open market. So why wouldn't they have carried on doing just that in all this time. Doing that would also be of such a huge benefit to the local community providing work, income and a higher standard of living to the locals.
Then they were also planning an upgrade of the mine, to be completed by November of this year. So they were already making sufficient profits to fund their day to day activities and pay a dividend, so the next thing is to step up in production.
The area occupied by the Cinco Minas license still has large parts which are unexplored. No doubt there is still a lot of gold to be mined there probably for another 25 years!
We know BGL DOESN'T own those mines. What we shareholders are now waiting hear is who does own those mines.
This is the news that is coming that will ignite the share price.
---------------------------------------------------------------------------------------
It occurred to me while writing this post that maybe BGL commissioned a private study which found a vein with an amazing amount of gold/ton in it which they have deliberately not told MSJ about.
I'm just guessing and speculating.
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