RE:BHS needs cash and relatively soonThat's why i never really understood that they would buy that property the first place. I understand, but in a way not really.
Gives more risk but if they pull it of, all is good.
That's the mining sector.
hartadd wrote: My thanks to a poster on another board for this information: "Look at the latest May 28 MD&A, page 16. They have $2.8M worth of obligations in 2020 and nowhere near that much cash. Part of that is agreement (May 28 Finanacials pages 20-21). They need cash and $500K in exploration they have to do to live up to their Brandywine JV they need it relatively soon. Whatever the price, selling metal will start as soon as they are able. When it is seen that they are meeting their obligations, the SP will reflect that".