Wednesday, January 02, 2013 3:37:24 PM
Last year marked the most promising steps towards a re-opening of the Panguna mine ever since its closure in 1989. Nevertheless, the share price closed the year at AUD 0.512 (= minus15,57 percent) … quite obviously due to fraudulent - probably US-based - market participants in Sydney stock exchange during the last months.
There is absolutely no reason why the current share price is supposed to be 40 percent lower than at Francis Ona’s death!
Unfortunately a weak an incompetent Australian Securities Exchange (ASX) does nothing to protect honest investors against fraud. In so far they are active complicit to criminal manipulations that trouble the market.
Unfortunately Rio Tinto as well has yet intervened to protect its own investment in one of their most promising mining projects in the future.
In so far 2012 has to be considered as an “annus horribiles” for investors.
Luckily 2013 announces positive prospects: Within the next months all steps for re-opening the Panguna mine by BCL will be accomplished, the fraudulent US-short-sellers will stop to push down the share price because with every short sell their activities are supposed to end in a financial catastrophe for them. We believe that the BCL share price will see an impressive turn-around during the next months that will soar the share price to AUD 3 or more!
We understand if shareholders are confused by the current situation. All investors in Bougainville Copper must understand that our company is in focus of criminal activities initiated by backdoor players, carpet beggars and fraudulent market makers. In so far manipulation of the market and highly volatile share price will still be present in future as well.
Bougainville Copper’s assets in copper, gold and silver are one of the biggest worldwide. As a major shareholder of BCL, Rio Tinto has to protected all honest stakeholders and investors in BCL and to guarantee adequate future shareholder value evolution.
...for goodness sake lets have some fun watching these people squirm. - CH
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