Corona Gold Corporation T.CRG

RE:NAV and cash

[Method]

Cash is about $0.39/share ($8.27m) versus the NAV of 82 cents.  The burn rate is $600k/year.  

Management is not earning a management fee except for director's fees and the CFO's salary which are less than $200k per year.  Its one of the reasons I thought management would be more inclined to do the right thing here as they and Dundee own 45% of the equity.