RE: Cash and debtI've been watching WCU and SF, and both co's have done virtually NO exploration work in the past year (at least nothing that would be of any significant expense). They have raised money through PP's (SEDAR), but other than a few coal apps, the biggest expense would seem to be management fees, which certainly needs to be examined in light of what the co's have been doing/not doing for some time now!
I'm still waiting to see an update/lab results from Esperanza, updates on Manitoba coal apps, updates on additional Sask coal apps, and updates on the supposed "ground work" in B.C. Lots of stuff piling up in the "out basket" but the wait is getting suspiciously OVERDUE on all this stuff!
I'd be very careful on this one IMO! GLTA