Yes, bgl (small letters for this stock until they get revenues, lol) does file financial statements.
The statements contain a Going Concern note, a write-down of their investment in their South American property, and a footnote that C$10.2 Million may have to be written off as a loss if they are unsuccessful in their legal attempts to secure Cinco Minas and Gran Cabrera properties in Mexico. (Do you see the pattern here? A write-off for South America...Is Mexico next?).
Filing financial statements is a good thing.
bgl's Financial Statements are hideously ugly in every possible way in my opinion. Ugly Balance Sheet, Horrendous Income Statement with NO REVENUES, and a Cash Flow statement that is extremely scary to any knowledgeable investor.
The investors of bgl need an update from their new CEO regarding the company's Legal Status of Cinco Minas & Gran Cabrera.
And, while some have tried to whitewash or brush off the dismissal or resignation of a President/CEO, it really is a big deal in a very small company like bgl.
