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Apologies Ubique13. In a post earlier responding to your...

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bellcurve

9,332 Posts.

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27/03/18

22:57

Post #: 32072800
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Originally posted by Ubique13 ↑

What a nasty, scathing post aimed at current shareholders. How can you gripe about your contempt for the "incredible hype underpinning BGS threads" when you state that this was the reason why you bought in, in the first place? You can passively aggressively blame the HC community all you want, but consider taking a moment of genuine self-reflection and you might find that you only have yourself to blame. The contempt you have for BGS shareholders for your actions oozes out of every misleading sentence you wrote:

“just a stranded asset in the middle of nowhere and a long way from any coast” – did you not understand the announcement that the company released just last week? With operating costs sub $300/t, the project is now more profitable than some Australian developers and most if not all producers, with lower CAPEX to boot.

“any development little more than just a juicy target for destruction by the Islamist nut jobs at large” – please advise of any instances of small isolated attacks in the north that have ever affected mining operations for the gold mines in southern Mali near Goulamina or the billion-dollar companies that run them (Resolute, IAMGOLD, Randgold, AngloGoldAshanti).

“Lithium is everywhere” – how many other globally significant, high grade, shallow resources are there out there with good mineralogy that can be converted into mineable reserves? Is it trading as cheaply as BGS compared to other peers? Does the project present a compelling investment case like BGS will in its revised PFS?

It appears that you don’t have the experience and or understanding of the stocks you choose to invest in and instead trade emotionally, causing you to buy high & sell low, as highlighted by Jakers - a textbook example of the stock market being a device for transferring money from the patient to the impatient.

Disingenuously wishing shareholders good luck after throwing the jabs above does nothing to redeem yourself from being a spiteful mug and demonstrates that you still blame others for your actions even though you acknowledge that you conducted insufficient research.

I don’t understand how you could make the decision to sell and become mincemeat for traders at this point in the game, what with all the positive news in the pipeline, but feel free to come back and visit us in 6 months, we’d love to have you back.

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Apologies Ubique13. In a post earlier responding to your diatribe I incorrectly attributed some words to you that were in fact just paraphrasing a recent statement from the company.

But they still read weird to me. Dodging a few figures up so costs fall below a target number and then talking about the project now being more profitable than some Australian projects reads like BGS is producing something.

Of course it isn’t. It’s output is neither product, gold or lithium, nor profit.

BGS Price at posting: 47.5¢ Sentiment: None Disclosure: Not Held
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