BTR 5.56% 1.7¢ brightstar resources limited

not sure what others think but im thinking a rights issue to...

  1. 1,960 Posts.
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    not sure what others think but im thinking a rights issue to existing shareholders....probably 1 for 1 @ 50c - raise $50 million and set about aggressively digging for gold in burkina faso.

    scott says the company are confident it is there - i think they got to become aggressive and start doing something to excite the market.

    i acknowledge the other way of going about it would be to wait for perkoa $$$ to roll in and then fund exploration with the income stream but thats still 12+ months away (possibly much longer considering the glencore debt has to be repaid).....shareholders would have died of boredom by then wouldnt they?????

    just my opinion, dont expect anyone/everyone to agree.
 
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