Yeesh...The
net 
from the sale of the mine will be applied to EXMIN's current outstanding liabilities, including property and option payments on the Company's most advanced projects and will cover a majority of EXMIN's outstanding liabilities
but not all of them."
Wasn't there a whole bunch of blathering on here a while back about the sale being positive because now we'd have some cash to work with? What do we have? No mine, we still owe money and have no hope of exploring our properties to even the slightest degree without doing a placement. At 2.5 cents, we'd have to roughly quintuple our outstanding shares just to raise a hundred grand, which drills almost nothing these days! A jv is possible, but unlikely, since we're over a barrel with our pants around our ankles, still bleeding from our intimate encounter with Hoschilds.
Too late to sell, so unlike our captain, I will go down with the ship unless Boltz trips over a gold bar or two while doing a property visit. That's about the only thing that can save us now.
I hope the newbie that was chirping about 50 cents by summer has taken a lesson. He insisted we all call Karl ourselves to hear why we'd be rich shortly. That might have been a toll-free number, but its likely the most expensive phone call he ever made.