OTCQX:BALMF - Post by User
Post by
astrorbiton Apr 08, 2015 5:49pm
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Post# 23610728
Forward looking to 2016.
Forward looking to 2016.100% financed for all of 2015.Yes.
Review previous years of BAR.Unless there is a "surprise" after spring.
Currently time is on BAR's side given the fact that there is the Spring/summer drill program if the winter drill program fails to impress.
Two windows of opportunity.June October
Exercising the options IMHO would be a last resort.
The best financing price would be above the previous one at 1.70
Excerpt from MD&A
Assuming a similar level of expenditure in 2016, in order for the Company to maintain its currently held properties, and fund its currently anticipated general and administrative costs and planned exploration expenditures for the fiscal year ending December 31,2016 the Company would requireadditional financing during 2016