Homerun Resources Inc V.HMR

Alternate Symbol(s): HMRFF

Metals & Mining Industrial Metals & Minerals

Homerun Resources Inc. is a Canada-based company. The Company is focused on the development of its business within the critical and energy materials sectors. Its Tatooine Quartz Silica Project covers an area of approximately 3,958 hectares, located directly adjacent to the community of Brisco, British Columbia and BC Highway 95, and approximately 65 kilometers southeast of Golden, BC, which is home to the Moberly Mine, a past-producing high-purity silica mine in the same lithological unit as the Tatooine Silica Project. The focus at the Tatooine Silica Project will be to sample and test silica for its application across the spectrum of silica end-products, including high-purity solutions. The Belmonte silica concession in Belmonte, Bahia, Brazil. The Belmonte silica concession comprises approximately 69.4 hectares.

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Homerun Resources Inc

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Comment by goldpigon Mar 22, 2010 1:42pm

309 Views

Post# 16910010

RE: RE: RE: Cash Position

That is much too high for theit cash burn rate...more like $1.5 million.

There are about $7 million in liabilities that should bring their net cash to about $48 million or about
.32 per share.
Having wasted lots of cash on their foray into coal, the big question is whether they have the ability to make a good investment.
History suggests that they dont.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?