GREY:CPYCF - Post Discussion
Post by
coalbad on May 17, 2013 1:16pm
CEC interim financial report on Sedar
Looking at the cash on hand at the end of March31,2013 they had $228,000. Since then, they have netted $570,000 from the remaining CUM share sale. Ending March 31st they had an average monthly loss of $186,000 for the three month period. Given a minimum of 6-7 months away from a decision on the permittting, I'll let you do the math on their cash crunch.
They've also posted a memo on the "specail meeting" planned for June 20th that goes with the AGM on the Sedar site.
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