Post by
zacharius15155 on Jun 08, 2020 2:14pm
2019 expenses
End of 2019 we had about $920k cash on-hand.
Corporate Communications costs from 2019? Wonder what's entailed in these. Certainly not good communications and ACTUAL PR that's forsure. Side note- drilling was $2.5million alst year. So we'll need ATLEAST $2million for drill program, as it will not be as intensive this year. Which we can raise pretty easily...if they pull their head out of the sand :)
Comment by
RockLobster1 on Jun 12, 2020 3:00pm
They raised over $5m last May, FT at .49 and non FT at .35. they were probably hoping that the gold rally could get them up higher than 25 cents... so they will have to do some FT for their drilling.... maybe 30 cents or so. This should help them keep dilution down... Just guessing i agree they should do drilling, they have to raise so get it done... .