doubling ur $$$ while watching the grass grow!, page-10

Ok, so I'm a recent holder of BKP. I like the propects of the Southern Georgina Basin project. I look at PFC's sp on the TSE and do the maths and see BKP is relatively undervalued. I also go to the Dec-2011 Quarterly Cash Flow Report and see that that BKP has $4.3m+ in cash, and has espected outflow of $0.24m for the Mar-2012 quarter.

Where am I not getting it? Why is there a CR needed? From where I see it BKP is an extremely well managed, and tightly controlled, company from an operating cost perspective.

BKP is conserving cash while waiting for PFC to find a jv partner to fund the continued exploration and development of the Southern Georgina Basin project. Take a look at PFC's announcements to the TSE.