BGL 0.94% $1.87 bellevue gold limited

He took GRY from 5c to $2 then at the end he took it from 5c...

  1. 812 Posts.
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    He took GRY from 5c to $2 then at the end he took it from 5c again to 22c - a take out at $100m market cap. If you held on even more with the rise in terranga shares.

    You can hardly blame him for the fall in sentiment in west africa and fall in gold price and I'm sure you had plenty of opportunity to get out.

    I agree he paid himself too much whilst the rest of the world was crashing but he wasn't diluting at low prices just burning through cash raised a lot higher. Here he's only on $150k which is more than reasonable and he's put in $200k himself. Clearly he sees the upside in Bellevue taking a heap of options which he has to pay for!

    I'd be focusing on where he can promote this to. 3c to 10c and I'll be more than happy let alone a $1 or 2!!!
 
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