OTCQX:BGMZF - Post by User
Comment by
yaponskion Jan 30, 2014 6:57pm
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Post# 22155802
RE:RE:RE:RE:RE:Total Exploration Target Potential of Island and Barkerville
RE:RE:RE:RE:RE:Total Exploration Target Potential of Island and Barkerville Halcro,
Thank you for the clarification that BGM could do a PP without having to pay back money to Sprott. I had that wrong.
So, BGM could do a 25M PP by say issuing 50M shares at 50 cents a share. Assuming of course that the market would bear such a financing and using that money to financing gold production without having to payback any $$s to Sprott.
Interesting. So, now I see why BGM is coming to the Campbell Money Talks session in Vancouver this weekend. Anyone going?