BRALORNE GOLD MINES LTD BPMSF

RE:How I would manage BPM

[golddigger88]

I wish it was always like this.  But you are in fantasy land if you think your ideas would work.  Especially the dividend payments. Aurico Gold is a mid tier company and they don't pay dividend. There are heaps of mid-tiers that have multi million cash flow that don't pay dividend.  Plus the company is not making a lot of money to barely support itself so a dividend is out of question.  The Mill needs an upgrade, the cost of maintenance is way to high for them.  They also need a higher tonnage throw put.  With that they dont have enough exploration going to on support an increase tonnage and therefore less cashflow.  It's easy to say it but it's extrremely hard to get your ideas completed if you dont have the money which you ahve to do through equity financing.  It's a tough market right now, Bralorne needs to hold on till the market gets better, then look to raise some cash to help get development in full swing.  They are surviving right now.  It takes money to make money unfortnately.