Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
English is a beautiful language, a precise language and a definitive language. So when a company repeatedly tells you in its most recent quarterly report that it has “secured” a round of funding and that the “successful completion” of this funding was a “significant development” during the period, you’d be forgiven for thinking that this company actually has received the money. The directors of Black Mountain Resources (BMZ) appear to disagree...
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