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Re: JohnCM post# 1393

Friday, 04/19/2013 7:10:59 PM

Friday, April 19, 2013 7:10:59 PM

Post# of 1893
Usually, or bridge loans for other needs. The buy back was at an amount that was respectable profit to SAND on money fronted. Having reached production with reduced dilution and debt is the return for BRD having sold a stream. Comitted to sell 8% of production from specified area for $500/oz forever, at less than cost of production, is a drawback, but there is production and it is 92% unhedged.
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