I have to say that you are one optimistic person. You seem to love this company even though it has done nothing for the last 15years. Explains the reason to why there is half a billion shares outstanding...to put it bluntly this company is disgraceful.
Then you get the Dubai investors sacking the previous management. And in retaliation Mr Fallaknaz gets voted off. And what about the other shareholders in the company- gets treated with contempt
What now for Boulder? They just blew $1.65million in the last quater. Now they have $5.8million left in the account.
Forget about the dream of these seamless tubes steel. Don't you see that the world steel prices has collapsed and that the world is going through a recession...and its just begun.
I can see management fees and "administration" fees wiping off BGD in the next 9-12 months...unless they can find a something new...or let me re-phrase that as finding a new fantasy fairytale and try to sell it to the market.
BGD Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held
