Domba - The Template, page-134

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01/09/15

18:05

Post #: 15915211
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Originally posted by Inverter ↑

I wouldn't conclusively say time is on anyones side here. If one already has a position in BGS with a low cost basis then you could probably wait around and try getting an order in at 0.006 and hope someone with no idea sells into you. Look at what price the last raising was conducted at, ECP(Sprott) and Kevin both took full allocation and that was at bargain levels. The S.P. won't remain at this level for long IMO. Why is this? :

I think many are overlooking the biggest development yet for BGS coming the way of Domba. RG is serious about satellite deposits and we happen to have three that from my research exceed the economics of Domba. Cash position at the end of September will most likely be much higher than those quarterly estimates as it's looking like drilling at Viper didn't occur during the wet season as it was perhaps planned (no announcements in the past months). Speculation on why this is the case makes me really wonder what's ahead for us...

Remember if RG's Domba satellite development is on time it'll run out of ore by Jan 16. It's down to the wire here now and each passing day puts us closer to a deal. Positive news will trigger millions of dollars in options, remember those acceleration clauses? BGS will be well funded to production, coffers full of cash, ore ready to dug up from surface.

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This Domba 'find' implication for us is very good Indeed!

BGS Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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Domba - The Template, page-134

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