RE:Mustang FinancialsThank you enlcan for the update.
That's a heck of a burn rate for an inactive junior. Running the Company like it was a going concern? Since the financial collapse occurred in 2008, by now, I would have thought 5 years was sufficient time for CEO's to adjust their cost control habits. Apparently not. In that case, as a desperate measure of cost savings, Mustang will have to move its head office into someone's basement and implement significant salary cuts. I recall companies that did that around the dismal days of 1999-2000 and one of those companies went on to be bought out by a major producer for about $8.00 a share. Cost saving measures worked.
Bugbee