EXPM:HRTFF - Post by User
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DRILLER64on Nov 15, 2017 12:43pm
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Post# 26969126
RE:RE:MDA we mostly already have Sept 30,2017 Couple of Notes
RE:RE:MDA we mostly already have Sept 30,2017 Couple of NotesHarteofGold wrote: Thanks Driller, what's your guess on how much more financing they will require to put the mine into production.My guess is about 40 million
My guess is 0 before the 43-101 comes out ( I sure as hell hope anyways) They have $6 million working capital if the $2.5 million loan can be extended. You can operate a long time with just labour on the mill and Phd's putting together The PEA ; a lot longer than 2 months. Even Steve could pull his $11.75/h. All the Hardware for the Mill is committed to and it will be closed in by end of year. A lot of the Crowd here worships the ground that S R walks on so give him credit for a little Moxi. Would he go for financing at $0.42 or at $2.78. Just a guess he's pretty smart so I'm guessing $2.78 ................Geeez I could run Sears for a year on $6 M and the old dodges : "its in the mail ." "i'll check with my girl " Didn't I sign the check send it back and i'll fix it" " i dont see a copy of your invoice send one so I can pay it" and a bazzilion more.
GLTA P.S. The Phd's got 2 more months to finish compileing it could be
Xmas!!!!