Post by
gold_strike on Jun 29, 2021 4:30pm
2021 Forrest Kerr summer exploration plans to be announced
...per the corporate communications person at ABEN today, there will be an announcement in the near future.
I am assuming they are deciding which areas they will want to look at and the type of exploration, and the amount of drilling they are able to do with available funds, or if they need to do another small raise.
This was the latest on cash and working capital on SEDAR:
At March 31, 2021 the Company had cash and equivalents of $920,856 as compared to $1,360,232 at September 30, 2020.
The Company has a working capital of $1,106,454 at March 31, 2021 as compared to $1,394,129 at September 30, 2020
Comment by
mapleleaf on Jul 03, 2021 12:52pm
it is possilble they could do a JV and let someone else spend money on drilling
Comment by
gold_strike on Jul 03, 2021 8:02pm
I bet they have considered a JV. I know some of the nearby explorers have pretty deep pockets. Or they may have enough funds for one more go around this summer on their own to see what turns up.