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Saturday, July 21, 2018 12:44:07 PM
There is not to much momentum (yet) in silver so that's the first thing.
Secondly I'm not happy with a PP, however I'm happy that enough entities wanted these shares (Graeme included although he made some pocketmoney free)
The buyers of those 10 cent shares know maybe better than us what is going on.
I did mail Graeme in the past, however he never gives more info than needed. (wait for a NR)
So yes, short term we can't expect to much, longer term when things will roll out the way it should it could pay off.
The buyers of the PP (Graeme included) are always the first in line to walk away with the biggest profit in the end.
That's all fine with me since that's everywhere the same in this business.
I'm a very big fan of BEA.CA and it's the same thing there; give options to managent etcetera.. but in the end it still could give us a ten bagger, depending on entry.
In Bayhorse my goal is not a ten bagger but still worth the go.
But hey, who knows when silver makes the long awaited way up to new highs, 2 dollar?
But that all is far off now. heck, we could end up as bag holder.
But Greame would be the biggest bag holder in that case.
Do you think he will let that happen?
Not if you ask him I'll bet. This could end up as his his pension fund because I think he'll sell it when it's up and running.
I'm still positive and take with it that the time isn't that well for us metal investors.
43-101 is also on the roll and don't underestimate the impact of that coming out.
It could attract a whole new set of investors to BHS.
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