BMG bmg resources limited

When management are incapable of delivering drill results to the...

  1. 991 Posts.
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    When management are incapable of delivering drill results to the market, there is clearly a problem.

    They have completely taken their eye of the ball with this stock. Close to zero activity in 2 years since announcing the maiden jorc. Their spectacular failure in managing to announce the results of 3 drill holes in Late 2024 is the final nail in the coffin for me.

    Perhaps the .4 g/t cut off in the Jorc is the problem? A 518k ounce gold deposit should have been snapped up within 2 years if it was a quality project. The lack of urgency, lacklustre performance from management i think reveals they have no real belief here.

    Look back at the old Hotcopper threads on the date of the Jorc announcement - posters way back then were not that enthused with the result.

    If it trades like a dog, behaves like a dog, management treat it like a dog - chances are - it is a dog.

 
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Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $6.755M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 4553842 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 3824064 12
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Last trade - 11.36am 01/08/2025 (20 minute delay) ?
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