STTCOMP BMG, FA Long BMG Resources Ltd
Market Cap: $3.8m
Cash on Hand: $1.6m
Highlights:
- Just raised $2.5m last month to retire all debt and provide working capital
- Most blatant hint: "BMG . . . is well positioned to progress opportunities in the coming quarter. "
- Here's what I like the most: ALL management and directors fees are currently on hold until a new investment opportunity is secured !! Ain't that the best Corporate governance? definitely implying that management has absolute confidence in the coming acquisitions.
