Ann: KARL SIMICH TO JOIN THE BALKAN MINING BOARD, page-10

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27/01/23

23:09

Post #: 65918811
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Originally posted by shivg1982: ↑

I was under the impression that Karl simitch joining the board means his followers from sandfire $SFR will come behind him and shareholders will get rewarded. Like other industry leaders joining small companies and they became multi baggers in days. Perhaps Karl has lost his mojo or perhaps people think he can't do what he did with Sandfire? Market has not even given him value like 500k. Share price is the same as it was before.

since he joined I was uner the impression BMM will change, Shareholders will be more informed and we will have more newsflow. But it has gone backwards. Don't know whats happening.

All canadian plays are flying and we are right next to $PMET $PMT Corvette and the closest (only 13kms) and our sp is still shitting itself. How long these guys are going to take before they do something for holders? Or they just keep asking for hefty and easy performance milestones for doing nothing?

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The board and share structure are solid. The disruptions in Serbia to the original exploration plans sent the share price from .90 to .15 or so at one point. In the meantime they have expanded into Canada into prime locations. Initial sampling results like 6.8% rock chips are a good start.
Investors are cautious and the only thing that is going to move it substantially are drill results that have as good a chance of the others mentioned IMO.

BMM Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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