RE: TOO MANY????Hi prospector. I think there is plenty of money in the Canadian company. The US subsidiary owns the Nevada operation. So I don't think bankruptcy is the situation for the public company.
Staff generally doesn't like management when times are tough. Everything and everyone is squeezed to the last drop. And often sent packing. But shareholders are invested in both tough and good times. In tough times you want your management to be steely eyed and hard nosed.
IMHO Whoever buys that 35 mill financing is getting the deal of the century.