RE:RE:RE:RE:RE:RE:RE:RE:relaxWell, they raise just over 1.9 million as at the end of October. As at Aug 31 they had a current deficit if 260,000. That drops the 1.9 million down to 1.64 million. Now since August 31 2015 they certainly had many additional expenses. I have no idea what the amounts are but siffice to say they had them. Perhaps a burn rate of 100K per month... perhaps more considering the activity level of exploration and promotions. At 100K per month that drops the balance sheet to 1.2 million cash on hand. Rather than watch a share price try educating yourself. Unless you can show me that they raise more than 1.9 million then my figures are fare more accurate than anyone claiming that they still have 1.9 million cash in the till. I will leave you with that. Do some digging. Prove me wrong if you are such a stock savy guru.
jimrockford wrote: dryhumper, listen to the Korelin Report from a very short time ago (Nov 21, I believe)...I'd say Kyler knows what his freakin' bank account looks like...And he didn't add the monies coming from Nfld for monies already spent...
You "wake up and smell the coffee!" I'm busy watching the price and volume go up...
Jim