GREY:PGDIF - Post by User
Post by
cudjoon May 16, 2016 2:50pm
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Post# 24877984
Cash position
Cash positionfor an acurate cash position, go to sedar.com and look it up. If they want to do another bulk sample and or deep drilling, they need a saviour or there will have to be another financing. aka, sub dime.
They also need 20-30 million to take this past a PEA regardless of any late announced plans for groundwork. Bottomline, a saviour, or shelve it. That is one of the reasons institutions have bailed and are not coming back. Any instituiton worth its salt has an idea what this is going to cost to build a mine.