GREY:ADEXF - Post by User
Post by
HVAN1on Aug 29, 2012 12:17pm
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Post# 20274523
Burn Rate
Burn Rate XinXing's $5 million debenture was received by AXI on March 13th, 2012. By June 30th, AXI is running a negative working capital balance. They burned through $5 million plus in just 3.5 months. With zero meters drilled at any of their properties. Remarkable.