RE:RE:RE:Update looking 4
I am not sure what you expected the company to say when you gave them a figure and they said ya around that lol! The company reported working capital of 1.4 million about 4 weeks ago...To say there is no drilling going on so the burn rate is foolish! Burn rate is a trailing number! Their financials just came out recently but they were the quarter ending September 30th. Drilling started in late December so alot of the cost and payable appear on the next quarter which finishes the end of this month but likely will not be reported until Jan or Feb....You need to look at the payables due on the next statement to cover the drilling period just completed. Telling someone to leave now because an hones opinion and or observation might hurt you makes you sound childish! If you are going to invest in the markets you need to put your big boy panties on! You say "hopefully chat rooms such as this will help us determine what we should look for and analyze what any results mean." Meanwhile when someone is trying to help you as you suggest you tell them they should leave the board. Grow up!