GREY:NWSKF - Post by User
Comment by
philwayon Jul 11, 2014 9:42am
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Post# 22736180
RE:When Newstrike runs out of cash
RE:When Newstrike runs out of cashBy the annual due out in November Newstrike will be close to or out of cash at a million per month burn rate. You will see a flurry of selling for the financing long before that by the pump and dump crew (note they rated your post 1 while they rate their post 5's a sure sign of a pump and dump) here.
The pumpers will sell for the financing, which could be announced by September - October before they run out of cash as they need to keep paying the bills (lab work PEA, etc).