honestly said, I like if a CEO does not throw news into the market without taking care for the possible negative reaction as some might intepretate such bunches of permanent news as to be scam. I also like if a CEO does hold back news until things are really clear, negotiated, signed etc. etc.
On the other hand a pi8nksheet has to prove much more than other small caps to be a serious stock. Until now Herzog has not been able to prove this. Some signatures, LOIs and agreements are not enough for 99% of the investor society! I believe that for example also this missing confirmation of the Bank of India regarding $ 100 million, promised by Herzog now since many weeks, does make investorts very careful.
No question, the idea of BGMO is great, the documents by the pakistanian government etc. looks great, the investment promises by Herzog ar looking great, even again (as in the past, unforunately without any value) aquisations are in the air again.....but investor want to see facts not promises and ideas!
I just hope that I did not wrong to give Herzog another chance to get this small cap wrack out of the mud by going solar. I just count on his reputation as former leader of the Bush-delegation. But this is is all one may find about him at the internet - not much more (exepted everything regarding his activities at BGMO - which does not count at all as this is nothing about his past business activities)
I am really enormously curios how long it will take Herzog to be able to announce those 100 million cash - or even more - in the treasure of BGMO. Honestly said, I do not believe that BGMO will reive - If - any money before spring 2010.
