Small cap facing rough timeNot many juniors are in a bull trend
Investors are exiting and staying on the side line
BGF did 3 financing
3,125,000 FT shares @0.16¢ after tax cost is 0.04-0.05¢ per share
4,500,000 shares @ 0.09¢
3.780,000 shares @ 0.11
FT shares investors can sell and still make a profit
0.09¢ financing still in the money
0.11¢ financing probably exiting before loosing money
The market for BGf will remain under pressure until exploration results justify a bullish momentum