financial activities

With a cash spend for 2012 of about $6 million and a current eoy cash reserve of $2 million, combined with the only income stream BMB has at this point is issuing shares, it's going to have to get some dollars in the bank..... again.

Would have to think the odds would be on a CR but I'd be hoping at a better SP than current. The investor presentation touted a SP "leveraged for success"... whatever that's meant to mean in common day language... I'd suggest it means the price has falled so badly that it's attractively priced.... well atm it's a Share issuing company that does a bit of mining and is getting good results... but where will the money come from??

Gee it would be nice if a new thread could remain real and not get hijacked like 90% of most threads.