With the greatest respect to my fellow longs here,
Post# of 9903
I guess now we're into tax loss season, which is fine by me. They will just be chasing the ask as soon as news comes out.
All it will take is a press release saying they've sold the mines. Someone owns those mines, we know it's not BGL, we know MSJ has surface rights. Surface rights here are everything - Cinco Minas is an open pit mine! You don't need anything else than surface rights to mine metals there! lol
As another person posted in the Tumi report - only 20% of the concession has been explored. At the moment there's a HUGE amount of silver and strong mineable deposits of gold.
However as I've speculated already, I wouldn't be surprised if this whole fight with BGL is because BGL commissioned some private report of their own on a previously untested part of the concession and either found some kind of super vein or some other excellent deposits of maybe another precious metal. Maybe copper, or platinum. I'm just guessing.
However, two things remain in my mind - 1) It doesn't make sense for BGL to have waged this bitter a campaign against MSJ/SRGE unless they discovered something that they did want to share the assay results of, with MSJ. 2) Someone owns those mines.
Once we get a release saying who we will have lift off.