RE:RE:hi hoss123...hammer161 wrote:
BGM won't be at PDCA. The booth belongs to FC and if anything will be used for the other companies he is involved with. This is from Tim at the BGM office. Also no word on when the CM tech report will be released with the updated resource, or on when BL mining will resume as new management is reviewing all before doing anything.
Thanks for that, Hammer.
Makes sense to me as, with the Sprott money in control, there's no sense in throwing good money after bad, especially inasmuch as none of it is going toward the Sprott loan.
IMO, mothballing everything and taking a long-term point of view (no drilling, as there's no drilling company) just might make this a viable proposition in three or four years.
Of course, there won't be any of the present shareholders having meaningful positions three or four years down the road, as the dilution will, of necessity, dilute them out of existence.