TSXV:AAA.P - Post by User
Comment by
gaggersezon Jun 12, 2013 6:52pm
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Post# 21517462
RE: RE: Mining License to be granted very soon...
RE: RE: Mining License to be granted very soon... Fertigagger.... there is only 1 stand out statement in Lotus's post.... below.
We also have well over $20 million in the bank, so we’re well-funded
Only 20 million left.... from around 65... (feel free to correct me on the 65) The burn rate seems very high.
VERY VERY HIGH.... why are they goin thru the cash so fast. I don't pay too close attention since I am on the sidelines... but why such a fast burn rate? Please enlighten me..... thank you. I thought it'd be around 35 million... not just over 20?????? All the paid promo is killin the cash is king - we are sooooo safe idea and so smart.
Please prove the necessity of the burn thus far.... thx lil buddy... :-)