@
dan911,
Good on you for buying more and maintaining faith in BGS. We need more people like you around for BGS to prosper. BGS prosper, we all prosper. Don't under estimate yourself and those here, we have the power to fill deep seas and move mountains when we set our minds to it. I am sensing a change of late, we have been hit so hard, there is no return now, the only way for BGS is up. We have already hit rock bottoms and heading up now. The fight back begins and it came across strongly yesterday. In a twitter group, for the first time I assessed, people were buying on their own individually, without collaboration. In other words, we have all thought the same, we are already at all time recent low, very good value, at directors' option price and a great time to buy. I also know that many took profit and stood aside for the recent US market volatility to move to the background are thinking of getting back in again. If they don't move fast now,, they will have to pay a higher price later on. This is an illiquid share, the shares are being held very tightly by a certain group of people, so it needs some carrots to tangle in front of the holders.
A couple of months ago we have
@Twothumbsup leading the charge and recently we have lone voice
@insaf calling out. The sound is getting louder and are being heard. We are following, we are pushing aside what is in front of us, we are moving forward. People that are FOMO are also wanting to get in.
Is BGS over prize? My answer is NO. We are very under value. We have a very low MC, $102 million, if I haven't seen it, I thought I need my eyes examined. This is almost lower than the price we were being offered last year and many of us thought the old board were giving the company away for a song. We only had 15MT of resource then, no PFS, taxes in paid, nothing certain and our SP is down to that level.
We have now several areas that have equally as much, if not bigger prospect of more lithium. We have now 32.7MT indicated resource and a lot more by next month, a new revised PFS and JORC or possibily a new MD to run the show and the declaration of a new joint venture partner/financier and off takers. Everything is starting to get in place. As late as yesterday, we have the ATO waived the tax penalties, interest etc, all good news and more to come still. We have also applied for new tenements, increase intensity in exploration for more gold, aero magnetic survey and even more drills on sites.
I am wishing all holders, newcomers and holders to be, a very prosperous, happy and healthy Chinese New year, the year of the Golden dog. I also wish them longevity and let fortune be bestowed on BGS this year and many more years to come.
