Black Dragon Resource Companies Inc (BDGR)

[snowcrow]

Infortunatly I own more shares than I even want to admit. I'd take a hell of a beating if I sold now, but that might be better than getting nothing. You seem to think there is hope for the future. I dont know. If the board goes down in flurry of law suits, well, that will pretty much be the end.

Here is my case for holding:

The lack of news has made the posters here hysterical.

RM is probably to smart to be a crook and his interest is ultimately aligned with ours.

Given that the average price of oil has risen for the last 5 years and that demand will double in the next 20, that oil is a finite resource, certain pending future scarcity --- not just current supply and demand --- will keep the price of oil high.

There should be more money to be made running an honest company than a fraud, and you don't have to run the risk of spending your decling years in jail.

If BD is screwing us, then they are also screwing a lot of people who can actually do something about it, unless you imagine a fraud of gigantic proportion, but that is just not realistic.

Ok, those are my best reasons for believing. Have to say, though, that I don't get all the lies, an audit they just can't finish, etc. Maybe they just went broke!

I've never seen anything like this. My best hope is that RM is not a crook, understands the oil business, and will produce an audit.

By the way, who do you think is buying shares at the current price with all the problems?