OTCPK:MEAOD - Post by User
Post by
tomgraniteon Oct 31, 2015 8:22am
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Post# 24246372
Uses of Non FT funding
Uses of Non FT funding
Obviously exploration drilling falls in to the category that can use FT funding. Do 43-101 reports and PEA/PFS etc. fall outside FT funding? If so, maybe this is what some of the general purposes element of the PP will be used for. Just trying to find some positive angle. Also the reason why they are short of cash is because the drilling at Bachelor has used up their treasury. Can anyone confirm that drilling has taken place this summer and if so, how many meters? Could they be in the process of adding reserves to their BS?