BMR Mining Forum

Another 7% fall again today I'm sorry to say.

Today, we've seen the team sucking their teeth, circles the BMR Lada Riva, kicking the tyres and shaking heads...not able to understand why investors don't rate their beloved BMR. One made his latest claim of this being the bottom (he'll be back saying the same thing within a week) and the others claim it must have something to do with those pesky MMs.

The ramping team will blame anyone but themselves. The Lada Riva continues to slide towards the cliff edge and nobody seems to have a clue how to get it started again.

I note that not one apology is forthcoming from those who delighted in spreading misinformation.

Just before I leave for the day as one or two try and push start the BMR Lada Riva uphill, can anyone answer me this (I've forgotten)? Who was it that bought in here £10k on CFD at 8p (today that's 80p of course)? I remember the fanfare, but I don't recall who it was...hope he's okay

...and in all honesty, why would anyone buy in before the big dilution?

I expect one of the 'the team' will announce the bottom in the next couple of days, after all they keep telling us that BMR has turned the corner! They really have no shame.

Kiwi, you mentioned the handbrake being off...well it's been off for a couple of years. The BMR Lada Riva has been hurtling backwards towards the edge of the cliff. Unless you believe that someone, somewhere will start to see Ladas as the car of the future, BMR is destined to be scrapped.

well whatever the level of the first tranche of dilution, it will be heralded as a triumph by the ramping team. Not one apology from them

Schaden, I really dont care. I have lost a small fortune on this and have now written it off. At least I obeyed the golden rule of not investing what I cant afford to lose. I just dont want others to get sucked in

Bugle, any thoughts on the level for dilution? Dropping again I see this morning...who in their right mind would buy in before the dilution?

How can they be taken seriously: 'dark pools', MMs games ("it's just like Libor y'know"), tales of IIs hiding under the duvet, Google Group inside info, "my contact in the city told me...", "if you could see what's on my computer", "only the anxious and unresearched are selling", "topping up", "it's just like SXX", "Masoud took us for lunch", "there is no chance of dilution or consolidation, we can be assured of that!", toot tooting brigade...hilarious to see so many of the original ramping crew try and reinvent themselves.

I imagine that those who have lost thousands and thousands of pounds, will have a different view of them all now...

Surely its not the mm's that are 'doing us over' it's the complete lack of interest. Seems that all credablity has been lost, not only in the company but also in those posters that continue to pat each other on the back for posting positive comments. These are the same posters that kept saying what a great man MA was, how can they now be taken serious.

How many times have we heard the ramping crew talk about corners being turned? It would be funny if it wasn't deceitful. Do people honestly imagine that this will be maintained at 4p once the dilution explodes? So little honesty from those left high and dry here.

I'm surprised that those who have always claimed they will average down and top up on the dips aren't throwing the kitchen sink at this today.

Can anyone think of why someone would buy in today knowing what is around the corner? I'd be interested to hear the positive spin