BGL 2.70% $1.81 bellevue gold limited

Your right Vic .it's all managements fault . They should have...

  1. 301 Posts.
    Your right Vic .it's all managements fault . They should have kept the company as an eyewear company losing money with no assets . Look what that management have done . They have added 75 million jorc with a strip ratio of 7 to one . Next to electricity and water. Goodness they have added a resource of a worst case price of 40 dollars a tonne valuing the asset base at a least 3 to 4 billion . Bad management Vic
    Look they have a cash asset of over 11cents per share not counting coal jorc and other tenaments . What bad management .
    And lastly what great shareholders we have who dismissed the jorc resource as to deep not realizing that we have a huge huge 24 meter seam that folds up and down giving us at least 7to 1 strip ratio making it highly profitable .
    Keep talking it down Vic because I keep buying . Silly me
 
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