OTCQX:DMMIF - Post by User
Post by
bailey2on Dec 05, 2017 6:04pm
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Post# 27096605
The problem is
The problem isYou have not read the financial statement through properly. Current assets are around 37 million. This is also not putting any valuation on indicated gold reserves. The mill is valued itself at over 30 million, in the financial statement. So things are tight with cash flow presently.'Pretty much had a breakeven quarter and gold production is increasing, as per October's numbers. A plan is stated in the financials to pay off debt monthly. Yes, things are tight , however they seem to have no problem raising money via private placement? Open for debate?