Black Dragon Resource Companies Inc (BDGR)

[snowcrow]

"The good news is that we are pretty much at the endgame. There is not really anywhere to go for BDGR. Either all the rumors of a buyout and audit are finally true or they are scrambling to hide what money they can and all going to board a plane to the Cayman's."

Goog point. Several weeks ago when the "board resignations" were first announced, I took a wait and see approach. And tried to put some faith in Lou's optimistic spin on the events. I never believed the optimistic scenario, but I tried. I might still be hanging in there some if the company hadn't promissed to publish financials a couple of weeks ago and then failed to deliver. You have to remember Spunky, that this is a company that flat out lied to me last fall about the audit. I was told it was coming back from the auditor any day and would almost certainly be ready by the following Monday. They flat out lied. With Barry gone, Lanza is back to pumping the company with new PR, some of which has already proved false. So, my conclusion, despite my hopes and interest, is that this thing is going south. Looks to me like they are trying for one last big pump and dump move. This is a company with a documented history of lying and stock pumping. Just go ask RedChip. The one thing they need to do to increase the PPS, is to become transparent, to mitigate the past history. They will not do that. And so there is only one reasonable conclusion to make. The rest is all wishful thinking. God is not going to bless BD with a miracle.