RE:RE:TEA ..... scalped ; )polygraph46 wrote: Iseneschal;
Well done.
After such a beautiful run, a day like today was sure to happen. But, no worries, got in early, haven't sold a share....YET....we'll see. Good luck...pg
Thanks PG...... U say u got in early..... How early? Did you post on tour early entry? Plesae comment. Thx
Now as for the shares o/s......yes ~ 63 million shares is not insurmountable..... however....take a look at what the "Burn rate" is on their cash......pretty high imho.....No wonder they're doing a P.P....yes more dilution ; )
In addition .....they have 3 different property payment due....most of which will eat up the lions share of the cash held
Here is a link for the latest Financials for your perusal:
TEARLACH RESOURCES LIMITED (stockwatch.com)