Sunday, September 11, 2011

Bulletin (BNR) - A Bullet Ready To Explode



67m shares fully diluted x .13 share price = $8.7m mcap

Cash at last qtrly was $7.9m

Therefore...market is currently valuing below assets for less than $1m:

+ 170,000 ounces @ 5.2 g/t
+ 120,000 tpa processing facility
+ Mining Lease
+ All recent exceptional exploration results which are not included in above resource