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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by ccrfmacon Mar 16, 2016 7:40pm
125 Views
Post# 24667320

RE:RE:RE:RE:Cash in the bank

RE:RE:RE:RE:Cash in the bank
This may be true, but I wonder if in this situation makes sense to spend money for more exploration at Halfmile-Stratmat. Why don't they put this on halt? I had this same opinion last year when they raised the 30 million in cash, but they continued with the spending. Did this spending benefit shareholders? In my opinion this expense was not neccessary at that time, it could have been postponed and saved some money for what was really important: comissioning Caribou. They tried to do everything but it didn't work as we sadly know now.
Also, I would like to see one press release stating clearly what measures will management put in action in order to reduce costs. I don't see this yet. Other mining companies have put in practice salaries cuts for management and BOD, etc.  They communicate this to their shareholders and the market. If times are rough, they are rough for all of us, not only for shareholders. Don't you think so?
Bullboard Posts