On Sopia123's Cash Situation and EXG Fear-PornEXG's cash situation is OK for the next 18 months, they are one of the only Juniors on the exchange that was able to raise 1,200,000.00 last year, and they are still very capable of raising money if they need it.
So stop the lies here Sophia123 you don't know anything about this company at all. All you know is what your Hedgefund Handlers tell you to say, and they have had only one agenda - and that was to sadly discredit Elmer Stewart for their take-down of CUU. But you should be aware that Elmer is no longer the CEO of EXG, so you should tell your handlers that EXG is not related to CUU any more. Their 30 month take-down of CUU was a success... so it's time for you to stop the EXG fear-porn!
On your misinformation on EXG's burn rate: EXG is not a typical TSX junior that does not care about their shareholders. Since becoming CEO Jason has reduced ALL cash outflows significantly, he has renegotiated massive reductions of overhead on EVERY PROPERTY and I know that I would not want to be negotiating with him on any of my own properties. The way that he has re-negotiated the old Elmer Stewart deals on the original BXX properties has been brilliant and it will pay off significantly for EXG when the market turns around in the future.
And here is MORE on the Burn Rate: NO ONE AT EXG IS GETTING PAID A WAGE. Jason has NEVER drawn a salary, and he works tirelessly on EXG stuff full time. That's more than I can say for 98% of the juniors on the exchange! And more than I can say for you and your paid paid shill buddies who have been hired to kill CUU.
Now about your 5:1 Roll Back Fear-Porn: I have addressed this before, and I will repeat... EXG has had a 5:1 shareholder vote on the books for the last 3 AGMs. I know that for a certainty because I was there (and you were not). It will NOT happen this year as your handler is predicting? Absolutely not. The board will NOT vote to proceed with a roll-back. That's because they have no financial need to do it!