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Bullboard - Stock Discussion Forum Cache Exploration Inc CEXPF

Cache Exploration Inc is a gold focused company that holds and operates the Kiyuk Lake Property which covers 590km2 in SW Nunavut: the project features a number of gold bearing prospects including 2017 identification of 8m of 26.4 g/t gold at the Rusty Zone and extensive mineralization at East Gold Point with 64 m at 1.5 g/t gold and 10 m at 6.5 g/t gold.

GREY:CEXPF - Post Discussion

Cache Exploration Inc > Wanna know where your dwindling funds are disappearing to...
View:
Post by KozmoT on Jun 18, 2021 1:08pm

Wanna know where your dwindling funds are disappearing to...

"announcethat that effective April 1, 2021, it retained John Bevilacqua (the “ Consultant ”) as an investor relations and business consultant, ...  the Company will pay the Consultant a fee of $6,000 plus applicable taxes per month for the duration of the term."

Yet on their last dismal financial statements they had...
Cash .. $346K
Accounts Payable ... $977K

A quick search of Mr. Belvilacqua shows he has had some run-ins with the BCSC 


https://www.bcsc.bc.ca/-/media/PWS/New-Resources/Decision-and-Orders/Decisions/2020/2020-BCSECCOM-188.pdf
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