Post by
bob--ten1 on Jan 11, 2012 10:36am
It looks like Allana burnt thru
that $50 million they had last summer pretty quickly. FED is smart to own their own drills . It looks like Allana was expecting cash from China but obviously that didn't happen.
Comment by
woundedknee on Jan 11, 2012 1:08pm
Obviously, Allana has not burned through the 50 million, but added to it yesterday. I do agree that FED being in close proximity to Allana is indirectly affected by any rumors and I would expect the reverse would happen. Your ignorance regarding both of these companies is very apparent and perhaps you should "bone up" a little. Accuracy is somewhat helpful in times like these. GL
Comment by
bob--ten1 on Jan 11, 2012 3:30pm
Tell us ''boned up'' one. Why did they dilute the cr ap out of Allana shareholders at this time for $20 mil if they currently have $50 mil in the bank. We wait to be educated by the chosen one.