@CapitalSavy decent grades and that 1 Au intercept is nice. they have cash which is nice too. However, my concern is the overhang... a placement of 362,000,000 shares @ .001c is going sting for a while, thats alot of churn to get through and the sentiment suggests that there maybe others that want out too. blowing through 250k last qtr isn't brilliant either, but drilling isn't cheap so that can be forgiven, but the 125K on "corporate costs" is questionable.
with all that being said it's a functional project with an active management and price as cheap as something can be priced. A very easy way to make some big % gains if they keep deliverying the goods, sentiment will change in a heard beat.... worth a roll of the dice if you're not on the breadline
thanks for the heads up. keep it coming.
BML Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
