A Dog’s BreakfastLatest financials a mess. How did cash get depleted from $3.5 million on July 31, 2022 to Oct 31, 2022 of just $375k in a short three months ? The current liabilities have not changed. The Co has a deficit hole that needs to be plugged up. Chuck had thrown a lifeline to keep the Co afloat. Cumulative losses since 1998 have amounted to some $99 million with no mines to show for.
Robert Friedland's Ivanhoe Mines will restart its zinc and Germanium mine in South Africa shortly. CD has no chance of being acquired or doing a JV. No sane major miner will deal with the ESG problems and First Nation treaty rights in Yukon. CD is a facsimile of MTX, moving in a snail's pace for 2 decades with dilution and reverse splits. In another 10 yrs, Chuck would be pushing 90.