BCI 0.00% 25.0¢ bci minerals limited

How many percentage will drop?, page-3

  1. 1,143 Posts.
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    what's another 3% price drop when this Board and Management have already destroyed over 80% of our existing equity since being "snowed" by the boys at IOH. We are stuck dead - at best we will see $1.50 again. We sure won't be developing Buckland - we don't have the balance sheet to support this now.

    What irks me the most is that the management team totally dropped the ball on managing the business in the last quarter. They were more worried about how many new directors they could bring into the business. The funniest quote was our offer to help MIN with the Iron Valley deposit - what a joke. MIN's market cap is 7 x ours now.

    All easy in hindsight BUT its been my worst investment decision ever. Their really is no hope other than a takeover - and that is not a reason to invest in BCI.
 
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