RE:RE:RE:Might Have to Take A Position in BGM After the RollBackFive great points.
While the company may have already initiated 1, 2, and 4 (send them a bill, Boris?), shouldn't the shareholders be advised in plain English what to expect in the short term (under one year, at least)?
That QR mill must be sitting idle (and what about that woofer in Revelstoke?).
Why buy that equipment from SGR a couple of months ago? Even if the Price Was Right (come on down), it'll seemingly be sitting idle for quite some time as you don't need a Cat and a humungous ore truck to move core. If you do, then Standard would have bought and billed them out years ago, right?
And while the staff numbers may have dropped in total, surely the wages for the six IR, Rees and Dhanani were below the union scale for Geddes, Prychidny, Gibson, Tinajero, Ginn, etc?
It is nice to see that debt is being converted to paper (paying debt with debt, IMO), it seems that 2176423 Ontario Inc got some of its paper paid out on the basis of 4,168 ounces of $1,600 (U.S.) gold. Not a bad deal...IF ONLY IT WEREN'T IN BGM PAPER, LOL.
It'd also be nice to see, on the BCSC website, the actual paperwork (memo to self...ask the BCSC why not there!!!).