RE:We wait for 'Snowden' facts and figuresarmchairanalyst wrote: This Company has TKO written all over it. oh ya...that is why I am here ; ) Great Great Great Hunting Mike
armchair,
All good and well except for the simple fact that Sprott's gold must be returned starting this year. Gold return requires $$s which requires either private placement or gold production.
The private placement route isn't going so well right now.
Gold production is expected, by a huge majority of my survey participants, to generate record net losses for the 2015 February finanicals.
So, might be waiting, but without cash those Snowden facts and figures will be hard to come by... and in the end you might be waiting for the court controlled restructuring of the company to take effect, with Sprott taking the lion share of the company, perhaps leaving 1.7% equity for the existing share holders -- just look at what happened to CSI.TO when they failed to delivery on a gold stream...
So, Mikey, me boy, which door is for you :)
expectations on the bottome line net profits for the February 2015 financials wrote: | | What result do you expect in the 2014 full year (February 2015 report) financials? |
| Door #0 | Bottom line net profit is greater than $2,000,000 |
| Door #1 | Bottom line net profit is slightly positive |
| Door #2 | Bottom line net profit is negative |
| Door #3 | Bottom line net profit sets a new record low |
| Door #4 | BGM is under court controlled restructuring before 2014 financials are released. |
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| Picks to date: |
| Door #3 | Halcro (but leaning towards door #4 maybe)…
Parsnipguy |
| Door #4 | Yaponski |
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| Note: | You can change you door picks anytime up to the date the 2014 full financials hit Sedar.com. |