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Re: fallback post# 1588

Wednesday, 09/09/2009 6:56:12 PM

Wednesday, September 09, 2009 6:56:12 PM

Post# of 41931
I have bought BGMO years ago because I have got a hint by another CEo who knows Herzog very well. After soem talks I did believe Herzog must be trustworthy. After some additional DD my opinion seemed to be confirmed. The following time was very frustrating as all news releases have been sounding wonderful included millions of revenues coming - but nothing happed at all included the promise to go back to OTC - which did not happen either.
Nevertheless, based on my informations Herzog is an older investor and businessman who shall, as I have been informed, try to do a final big deal in his life.Guess he belongs to those businessman who can't stop doing what they did all there life. Thus getting BGMO on track might be his final 'baby' ; - )
Well, total frustration as well as overwhelming enthusiasm is never a good advisor: So I decided to watch the current development of BGMO with highest possible objectivity. Based on the current great news releases as well as based on my faith that Herzog in general is one of those trustworthy old-style-businessman - who might have done wrong here or there (but who doesn't ) - I honestly think all PRs and all deal etc. is for real. Herzog is not one of those PinkSheet-CEOs who usually end at the court or in jail ,-)

why the current story should not be for real? It is absolutely clever by Herzog to use his contacts to Pakistan and India in the very best way and try to deal with a part of the world where still some money can be made! And he is a friend of those goverments by his past function at those Bush-delegations. Simply smart to use those connections and to be one of the very first profiting by the lack of energy there or whatever else.
Additional: "To good to be real?" ? Well sometimes we might have the chance to be in one of those 10-bagger....and than we can not believe it that we did hit such a extremely seldom story ,-) (I would have loved to be one of the first investors of Microsoft in the 60th ,-)....)
Pakistan badly wants to compete with India as economical growth of India is unbelieveable - only compareable with China.
And do not forget......if the government of Pakistan will be able to strengthen the country with energy and thus the industry etc. - the Taliban loose more and more base as hope will come back to the people. Many terrorists only have so many sympathy in the public because the public is poor and not educated. The government of Pakistan does know this of course - and Herzog is been the right person at the right time!

Well, this is ' in short ,-) - my personal opinion.

I keep my shares till some dollar - and than I try to find out how greddy I still might be wink This might take a year.....but I do not care if I am holding 3.5 or 4.5 years. What all the others do I don't care !