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SPECIAL PODCAST: An update from Rana Vig, CEO of Blue Lagoon Resources

You may recall that we first met Rana Vig back in October of last year. At the time, his company called Blue Lagoon Resources seemed like a pretty attractive exploration play and, in the time since, the opportunity has seemed to only get better...thus this podcast update.

So first of all, if you missed the introductory call last October, here's the link:

In the five months since, much progress has been made in exploring the property and shoring up what was already a solid balance sheet. The company now has $5MM in cash on hand, no debt and Rana himself just purchased another 1MM shares. More information can be found at the company website and through the links below:

Again, the stock trades in Canada under the symbol "BLLG" and in the U.S. with the symbol "BLAGF". Before you even consider an investment in the shares, you must perform all of your own due diligence, including an assessment of the risk and the time horizons involved. Then, if you want to learn more, be sure to reach out to the company directly through this email address.

Thanks again to Rana for his time today. I very much look forward to watching the progress his company makes in the months ahead.

TF

This video was conducted on behalf of Blue Lagoon Resources, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://www.goldstandardir.com/blue-lagoon-disclaimer-1/

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CC Horses
Mar 22, 2021 - 6:34pm

Scottsdale Mint

https://www.reddit.com/r/Wallstreetsilver/comments/mavhix/scottsdale_upd...

So, over a month ago I placed in order for an "in stock" secondary market 100oz bar from Scottsdale. I have been patient, until I noticed all the other shipments from multiple other dealers have arrived...and some were pre-order. I decided to email (BELOW 1) them and this (2) is the response i received.

(1) Guys,

I understand that demand is sky high right now, but what i cant understand is how you've sold me an in stock secondary market 100 oz bar, and a month later it still hasn't shipped.

If this bar cannot be sourced, please issue a refund and i will buy from one of multiple other dealers that do have secondary market in stock.

I could understand if this was a new pour, but a secondary market??? Either you have it or you don't, if you don't; issue refunds.

(2)"Yes we are constantly buying back our Stacker Bars from around the world. We are currently exporting a nice chunk from the Vault in Singapore and once they ship out, clear customs, are verified, etc -- we can get them turned back around to our customers. (In this case, these we for some of our customers so they haven't lost chain of custody)

Typically these bars are in good condition and sometimes look good as new, some with finger prints, scratches, etc. No matter what they are 100% Guaranteed for Purity and Weight.

Worst case if this process takes too long, we will send you new bars. Thus - regardless we'll get you taken care and we have always delivered every single ounce in what's now our 13th year of doing business. (We never take orders for metal that hasn't been secured)"

So, "in stock" to them means on the other side of the world.....wow. Lesson learned. I wont buy from them again. I live overseas and have done multiple import/exports to multiple countries. If they are exporting from Singapore, this will be another month before it even gets to the States.

I find this very disingenuous, and poor business practice. "In stock" means ...in stock....not on another continent.

mjbarry
Mar 22, 2021 - 4:48pm

buying silver

I bought silver today here in Canada from silvergold bull. They were always a 5 day delivery promise. Now its at best 10-15 day delivery. That 7 dollar premium smarts. They are swamped with orders. Hmmmmmmmmmmmm!!

ancient Egyptian...ex-canary
Mar 22, 2021 - 3:27pm

Testing Harvey Organ tomorrow...

He used to say...If the banks keep pressure on silver and miners...they're preparing for a stronger hit on metals the next day.

Hmmm...silver's been weak today, from the open...and miners going down gradually.

WizdumDeaconBenjamin
Mar 22, 2021 - 3:07pm

high

-Wiz

DeaconBenjamin
Mar 22, 2021 - 3:00pm

Silver

So what’s the premium on silver plate, silverware, and other household items—be they sterling or coin silver?

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