OTCQX:BGMZF - Post by User
Comment by
pigbruinmcveidon Jan 21, 2016 4:23pm
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Post# 24481925
RE:RE:RE:RE:Action. Jackson
RE:RE:RE:RE:Action. JacksonLooks like about $12M in current assets including the Dec PP and about $12.2M in current and long term debt. Gotta love the $8M bump in accummulated deficient. Thats the way to do...
Looks like another round of financing is coming given the monthly burn rate required to retain the ultra talented team managing BGM. LOL.
Will the next PP be at 16 cents? Higher? Or lowers? I expect lower if gold prices break the way I'm expecting and we see $8xx levels. LOL.
Not too much room to move given
halcro wrote: Third-quarter financials for the three months ended November 30, 2015, are out. Revenue of zero, and net loss for the three months was $7.4 million.