Homestake Ridge - British Columbia

In 2011, Homestake Resource reported an updated mineral resource estimate, (NI43-101 compliant) of 191,000oz gold and 1,350,000oz silver indicated plus 530,000oz gold and 13,470,000oz silver inferred at a 3.0 g/t AuEq. cut-off in two separate deposits.

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Message: Bravo Announces Private Placements
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I was anticipating 6 or 7 million tops.

I don't need to run through a slew the 100's of possible scenarios that would explain this huge dilution but this could be good, bad, very good, or very bad.

Let's hope it's a giant grab by management at a sure thing.

GL

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