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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Comment by johnboyltdon Aug 06, 2008 4:44pm
266 Views
Post# 15363306

RE: Pinnacle

RE: PinnacleThey have operating cash for continued drilling as they own the drilling company and can generate revenue by drilling other properties.I suspect  they need more cash to do the engineering and mine design stuff for permit applications which will allow for a larger selling price. How they resolve this problem ( $40 Million ?) is what we are waiting for , hence the volatility.
JMHO
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