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Re: goingUPagain post# 10824

Monday, 08/29/2022 11:07:03 PM

Monday, August 29, 2022 11:07:03 PM

Post# of 18598
re: Borneo explanation.

$BMXI
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Thanks, Winnerpicker. Seems reasonable on the face of it.
For some, it fleshes out 1 piece of the past.
The current situation though seems to have sustained downward momentum, such that it will require more than a conference call to resolve. Most CC's raise expectations in their anticipation of a salve, a panacea that will maybe reassure holders or even reignite the ticker by generating enthusiasm. Generally though, they ultimately disappoint. Personally, I got reamed on this one, leaving 55% profit on the table. Of course I'm steamed. (Guy coulda at lease put the jar of vaseline on the desk first to let me know what was coming).
When a stock loses its momentum so dramatically like this, it invariably takes considerably more than a month and some pink sheet titan on a cheap sqwawk box a couple of continents away to stroke up enthusiasm. With so much stock purchased at highter prices, there is an enormous overhang of shares waiting to be sold at the slightest uptick. That's what makes me think this current management's task of pushing this disabled hulk back into the air is practically insurmountable.

Sort of like giving a dead guy some Viagra.

One issue that's hard to dislodge from memory:
BR*NE>>>WG*EE (Consolidated Gold Hldgs)>>>>BMXI. With Nils as the cement holding them together and the locomotive pulling them along. Once you see it, it becomes hard to unsee.
Again, thanks for the post!!!
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