OTCPK:MEAOD - Post by User
Comment by
u2bobon Oct 29, 2015 4:35pm
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RE:RE:RE:RE:"good news"
RE:RE:RE:RE:"good news"LiTeOn1981 wrote: There will be...not to sound negative here but I just dont see how to.
They dont mine enough at Bachelor to earn all the cash needed for development. You heard Geodan, the tech guys want more money to figure out this new discovery, that costs lots of money that we dont seem to have hence we will be running short on cash again.
They had 5.5M cash on hand 1st June. It will be interesting to see the quarter ended 30th September.
THIS IS SORT OF HOW THEY MINE UNDERGROUND AROUND HERE MINE AND DRILL...
SO OPEN PIT THE TOP ...AND DRILL DOWN AFTER WE NEED CASH NOW !