BonTerra Resources Inc V.BTR

Fruit, stop pounding the table

[sidebet2]

Readers, in todays MD&A on sedar by OSK note these lines as to what I have always been saying. OSK is a great management team, I am an shareholder. But they have been fighting the internal struggle of not being to the metanor mill first. That is now showing a series of miscues that are now being addressed. CASH FLOW is required NOW for OSK AND BTR ..the synergies are not to be competetive but accumulative. Simply put ..don't quibble over a 100 million give or take boyz.

here are the facts of the situation as in the MD&A "

The Corporation has, in the past, financed its activities by raising capital through equity issuances. Until Osisko can generate a positive cash flow position in order to finance its exploration programs, the Corporation will remain reliant on the equity markets for raising capital, in addition to adjusting spending, disposing of assets, and obtaining other non-equity sources of financing.

The Corporation believes it has sufficient cash resources and the ability to raise funds to meet its exploration and administrative overhead expenses and maintain its planned exploration activities for the next 12 months. However, there is no guarantee that the Corporation will be able to maintain sufficient working capital in the future due to market, economic, and commodity price fluctuations. See "Risks and Uncertainties".