"Q" Watch - Stocks About to Exit Bankruptcy

[TakeChances]

BLRVQ- Bullion River Gold Corp is emerging from Bankruptcy. From their amendments filed they are now merged with Shasta Gold Corp.

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=nY4x4yxL2CyGC2OcmSsGOw%253d%253d&CorpName=SHASTA+GOLD+CORP.

Shasta Gold Website:
http://www.shastagoldcorp.com/


From what I see, reorganization happened last year in March, also the share struture has changed as well recently.

The O/S if I am reading this right is 3.5 Million?
And the A/S is 11 million?

But that is not the end of it, looks like Shasta Gold is a producing gold mine company already from this article:

http://www.redding.com/news/2010/apr/07/gold-mine-looks-to-hire/

REDDING, CA — Newly reorganized and emerging from bankruptcy, a historic gold mine near French Gulch is once again hiring miners.

Now known as Shasta Gold Corp., the firm that operates the old Washington Mine is based in French Gulch, a small Gold Rush town west of Redding.


By reading the article, it based its $85,000 day rate when gold was at $1,110 and oz. Now at $1,400 oz. revenues could be well beyond $36 million a year minimum.