RE:RE:RE:real nice secondary
Hi Petersburggray, You seem to have a lot of geological data concerning USA and I appreciate that you share that with us. I made a lot of money in USA in 09/10 on the big run up but have lost a fair chunk of it on the slide down. Although there are many other miners currently in the same boat as USA, that boat is still in danger of sinking. I have sold some shares of USA on the latest run up and also sold my gold. I have been trying to accumulate a little cash in the expectation that there will be one more downturn in the precious metals market. If I get it, I will buy the miners again but am not sure if I will put any more into USA as there is a little too much water in this boat already. I guess what I would like to know is how much money from the last cash raise went to developing new ore bodies and how much went to cover operating losses. That would give me a much better idea of how much cash burn there is. Bob