Black Dragon Resource Companies Inc (BDGR)

[DevilDolphin]

First off if he is claiming the value of the shares issued to BDGR are worthless he's dead wrong. No one person or company has the authority to borrow money from the public and issue shares of common stock valued at notta! I'm sure I could find the US treasury Departments Law on it if I needed to.

As for the money and where is it going..at the current rate I would assume the money is being used to pay for maintenance, drilling units, parts, materials, loggers, leases, etc. I dont see BDGR making enough at this current time to cover all expenses and add much of a margin increase to its Market capacity. BDGR made 300K net profit last year. The value of the stock is currently sitting at 900K MC so it does have a current relative reflection of the companies current standing value.

IMHO I would assume with operations coming online at other sites, hopefully Cotton Valley, we should grow to reflect anticipated worth.

IMHO
US SAILOR
DEVILDOLPHIN