re: Ann: Bulletin Signs $4.4M Sale and JV on ...
62% of the Co. sold down the road for the equivalent of $2.4 million ....
I would have rather them sell the Co up for $5 million and pay the shareholders at least a few cents a share for their pain.
The only possible hope is they dig up some serious grades and volume over the next 12 months.
The current Directors probably didn't have a lot of options left, but they have made sure they still get their pay cheque while us little guys bleed. There won't be a lot of the $600,000 cash left after a couple of years salaries are taken out.
BNR Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
