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Terraco Gold Corporation TCEGF



GREY:TCEGF - Post by User

Comment by 2investorknoton Jun 28, 2018 2:07pm
53 Views
Post# 28246280

RE:RE:Seabridge Gold interested in Nevada?

RE:RE:Seabridge Gold interested in Nevada?
I have appreciated the recent posts re: possible other companies involvement. 

Not to detract from that but I did just read the MD&A Quarterly posted on June 26th.  Positive parts were a further reduction of our expenses (in consulting, stk based compensation, investor relations etc.).  Negatives were no mention of any activity on Almaden or Spring Valley.  

Bottom line, yes it is a waiting game for us but our remaining cash from July 2017 of $864,797 has now been reduced to less than 1/2 of that (Around $400k).  So the waiting will have consequences for us later this year if nothing continues to happen.  Either we will sell some assets like Almaden or we will start to do some dilutive private placements.  

Lets hope for continued decreases in our operating expenses and some interested partners out there!

Good Luck to all longs
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