RE:RE:RE:ONLY 2 Drills this year!!! With $7M in the bank on Dec 31, I agreee KKs priority is not more drills! He cant even afford the 2 out there now!!!
Overhead for 2024 will likely be aound $6 million! Hes gotta raise $$$$ to keep the light on!!!!
As a major TUO holder, if TUD doesnt raise $$$, I will demand to see the JV agreement to see what funding requirements are in there!!!
fordster wrote: My apology Donger if I mislabeled what you were saying...more drills to expand GS borders is not KKs priority now. It's all about developing SC1 and getting a PEA out which should increase SP which should give better terms on additional dilution down the road...Additional drills would be a waste of money and resources with this depressed SP...after all, we already have close to 30 million oz of gold....Silver? Copper?...just like what Cpt E has posted...KK has done this before.
## If I have this wrong...feel free to add or correct me folks.