Replies to post #17507 on Black Dragon Resource Companies Inc (BDGR)

[John 19-35]

'Lanzamustgo' I agree with you whole heartedly, but the key assets I hear are still there and that means we will be in for one heck of a ride. This is just my take from the ground signals and I personally think he had the midnight oil transports working overtime. JMO

I still don't think everyone grasped the two key things in the PR: We now have a working drill rig and we are finally going after the deep stuff.

[Spunkyknight]

LMG,

We have been saying this all along:

THERE ARE ASSETS.

THEY ARE STILL THERE (for the most part- at least enough to make a go of BDGR as run by a legitimate group).

With Lanza gone, THE SKY IS THE LIMIT

And he will be gone- one way or another. Either he rides into the sunset with a buyout deal or we legally extract him.

His choice.

And from what I hear, it appears to the be the same as you: The people taking over BDGR have the money and the desire to make this a profitable company. But there is various fires to put out- including crooked lawyers, and bills and massive investor relations issues.

But so far, I have not heard that anyone was pulling out.

So we wait and keep our ears to the tracks.

GLTA

[kenco]

Lanzamustgo, "I had a conversation with some key people who are very into what is going on with the transaction of buying out Lanza and they have the money to complete the deal.."

Well the devil may well be in the details there, if these people do have enough money to buy out all of Lanzas, along with his family and associates, holdings, it would mean that they are most likely going to provide the money to BDGR with some combination of debt and equity financing, this is not necessarily a good thing, especially when the debt holders are also the directors and management of the company, they can essentially write any deal they want and then approve it, they can even put ALL of the company assets up as collateral for that financing, ala what Lanza did to OMDA.