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Thursday, October 25, 2018 10:28:10 AM
That's really a false equivalency. All mining stocks are risky, yes. When you're talking about a OTC mining company, even more so.
Looks like they RM'd the shell from a pet supply company. I haven't bothered to look at how much junk is being dragged forward yet. At least they're not diluting the stock yet, so there may be a window of opportunity for the quick-fingered.
Quarterly isn't a disaster, current liabilities/equity are close to even.
So it's going to be a News play, based upon how well they can get the test samples to sound. All these mining plays follow the same course: Lots of ore sampling, lots of potential particularly on the next core sample, and so on.
Market Cap is on the high side, but not out of line really. As Twain says "A mine is a hole in the ground with a liar standing next to it." So, this is bound to follow a course just like the rest. Not too difficult to see that the best time to take a gamble is at the beginning as it is now, sell on the hype about the next core sample coming down the pike =)
It's just a matter of whether BEAG can create a buzz, so far, not so good.
It appears to be on an up trend with a simple chart. Since the history is so limited, it's difficult to ascertain how well it's start point will be taken by traders. With some time, that should get worked out.
Go look at my comments from a month or so ago on the BSPK and CYBF boards. They were very similar plays and I called the collapse.
Looks like they RM'd the shell from a pet supply company. I haven't bothered to look at how much junk is being dragged forward yet. At least they're not diluting the stock yet, so there may be a window of opportunity for the quick-fingered.
Quarterly isn't a disaster, current liabilities/equity are close to even.
So it's going to be a News play, based upon how well they can get the test samples to sound. All these mining plays follow the same course: Lots of ore sampling, lots of potential particularly on the next core sample, and so on.
Market Cap is on the high side, but not out of line really. As Twain says "A mine is a hole in the ground with a liar standing next to it." So, this is bound to follow a course just like the rest. Not too difficult to see that the best time to take a gamble is at the beginning as it is now, sell on the hype about the next core sample coming down the pike =)
It's just a matter of whether BEAG can create a buzz, so far, not so good.
It appears to be on an up trend with a simple chart. Since the history is so limited, it's difficult to ascertain how well it's start point will be taken by traders. With some time, that should get worked out.
Go look at my comments from a month or so ago on the BSPK and CYBF boards. They were very similar plays and I called the collapse.
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