OTCQX:BGMZF - Post by User
Comment by
gmarx6562on Jun 09, 2014 3:11pm
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Post# 22643114
RE:RE:financials
RE:RE:financialstallestdude u are hilarious...here's a couple of things you should note before you embarrass yourself further.
1. the 9 month ended financials show $36,000.00 in revenue...and there was no mining/millin/pouring activity for the last 3 months of fiscal 2014....yes 2014...since bgm year end is feb 28, 2014..these financials are considered fiscal 2014 not 2013. I don't consider $36K a lot of revenue, maybe you do...
2. in your comment above, what exactly are you HAULING? I know that bgm is not hauling ore from the Bonanza ledge to the QR mill. also mining just re-started last week, after spring breakup (yeah right) or was it the Ministry that shut bgm down..not sure about that one! lol
3. remember Q1 of fiscal 2015 just ended on may31, so there should be some revenues in q1...but i can guarantee that the working cap will be even more brutal than in feb...and bgm has until aug 1 to meet the wc covenant
4. also a small minor point...there's an approx. $5M payment due to eric at the end of july...good luck making that one....
just my thoughts...feel free to try and respond...