OTCQX:BALMF - Post by User
Post by
astrorbiton Jan 24, 2017 4:35pm
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Post# 25749265
A F will extinguish odds of a RE in 2017.
A F will extinguish odds of a RE in 2017.Given that the timing of the RE is Q3-2017 and BAR is fully financed for all of 2017. A financing this early in 2017 would likely extinguish the odds of an RE AGAIN.Another delay?
Perhaps after the RE it would be a different story. According to Mr.Foulkes after the RE BAR would look for a "buyer".
A financing after the RE is also not a good sign. This suggests that there is no discussion taking place.
There is always the likelyhood that a "top up" of capital for a just in case scenario could play out.
7 years of drilling..............................................................