next BGS?

For those remembering the fun times we had on BGS in early 2013,

troops were rallied at 0.5c, brave knights rode waves to 4c.

not as cash backed as BGS was (3m cap at 0.5c), but this one capped at 2m with about $1m cash

same for both, rugs have been pulled under the SP, both fell from 20c.

TAR from IPO of 20c, every raise after that was at higher price. none is making money at current level. so at some point, its gotta do a bit of turnaround.

BGS stopped sliding down at EV of zilch and about to start a major drilling campaign

one would think TAR at 1m EV and about to start drilling is as good of a punt.

drilling in Mali about to start

directors, major shareholder took up roughly 100m of recent 185m placement,  so perhaps a few cheapies to go around but should be reasonably tight after that

Asian money took up 50m stocks, interesting piece about him.