BRD much stronger company, actually mining 100k OZ of GOLD per year, not 5k of silver...Mines already permitted for expansion, actually drilling to expand resources, etc...
But it does show that marginal company's are being looked at and can find investors...Nobody is buying SFEG..Either Carson takes some sort of massively dilutive deal to the stockholders or they file bankruptcy.
You can buy every share and take control of SFEG for 4M... Why would you loan them 20+ million and not have majority ownership?
Jav check out Carson and NRDS. The same script is now being followed with SFEG. When I was doing my DD and saw this I thought how much SFEG was being run differently he'd learned his lesson. Apparently not.