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Tuesday, March 06, 2018 2:09:44 PM
In general, I would never recommend buying into a conversion or following shorty. The latter isn't a problem and even shorts usually follow a note conversion in this case with BMIC, is in my opinion a buying opportunity.
I have been picking up shares on the slide and probably coming from the note, but with the strong fundamentals (business model) of this company and the attractive SS is in all practical sense a solid bet.
This will end with BMIC shortly and the sequence of today's PR and I know more news is on the way not to mention the strong showing of their products will increase the overall bottom line.
This is an unusual pinky and the company is doing the right thing for shareholders and the best is yet to come.
With the O/S at approx. 450m, gives it a MC of $1.3m. With today's PR of $3m, the true fair value should be at .006 minimum.
For now, just take advantage of this current flux of the share price, because when he is finished and I believe coming to an end shortly the price will reflect the true fair value and the movie into silver will happen.
Don't be frustrated with today's action and I never say patience in the pinks, but it is well within the boundaries of this issue that folks remain optimistic.
We will move up, but for now, stay focused as the company knows this will pass.
Have a good day
varok
stockmarketquarter
Corporate Market Awareness Consultant
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