RE:Captain Underpants - Yes Shells have sold for more...Stupid yapoopski, in case you have missed it mining has continued across bc without interruption , BGM current permit all they need to pay back sprott
if he intended to call his loan why extend a month ? He would have already called it moron
sometimes I just feel sorry for you
quote=borisYaponski]
Captain,
Yes shells have sold for more than the value of the Sprott loan, mabye back in the day. But certainly not recently.
Tax credits are only good if you can actually mine. Current mining permits are not sufficient for a typical profitable mining operation. Getting extended permits is going to involve the Indian consultantion process and that takes time. Last I heard BC Indians aren't exactly wild about mining and tailings ponds.
So, we will have to wait and see what BGM is really worth in courts when creditors demand payment and payment isn't being made.
Good to see you coming around on the bancrupcy and inevitable restructing deal. Keep working your spreadchits -- they make for amusing reading...
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