OTCQX:BGMZF - Post by User
Post by
RedHorizonon Apr 10, 2012 5:47pm
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Post# 19777982
Cash Position
Cash Position I spoke with IR. BGM currently has about $5 million in cash with no debt. The company is not drilling and is simply conserving cash as much as possible while we are waiting for the milling permit and the resource updates. Company is unwilling to give dates regarding when these resource reports will be out since it is not within their control and the engineering firms work on other reports for other companies as well.
GLTA