GREY:SXHHF - Post by User
Comment by
CurlyMickon Aug 11, 2012 12:14pm
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Post# 20207443
RE: RE: RE: RE: WHAT MORE DO YOU NEED TO KNOW?
RE: RE: RE: RE: WHAT MORE DO YOU NEED TO KNOW? A private placement of $3million, less selling fees, or about $2.8 million put on the books 10-11 weeks ago. With the historical cash burn, I estimate that the company has 5 - 6 months left until another material change has to be announced.
As to answer your question "what more do you want?" any news, publicized or not, that strategic goals are being met. This company has a fantastic opportunity, but hasn't delivered on its many promises to date because of encumbering, but possibly neccessary, directional and tech changes, and hence it's tough for them to breakout with a solid and clear focus, something that juniors need. IMHO