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Bullboard - Stock Discussion Forum Comet Lithium Corp V.CLIC

Alternate Symbol(s):  XTRRF

Comet Lithium Corporation is a Canada-based lithium-focused exploration company. The Company is engaged in the business of acquiring, exploring and developing mining properties. It has interests in properties at the exploration stage located in Canada. The Company’s properties include Liberty Property, Troilus East Property, Ducran Property, Triple Lithium, Galli Property, Pontax South and... see more

TSXV:CLIC - Post Discussion

Comet Lithium Corp > Deferred Exploration Expense
View:
Post by Golddigger12 on Sep 01, 2022 9:35am

Deferred Exploration Expense

 
                                                 June 30, 2022                December 31, 2021 
Current assets 
Cash                                             $357 458                       $671 776  
 
Net Change in Cash for period     (314 318)

Cash burn of $52,000/month would put XTT with zero cash on the books by Feb 2023.

Deferred exploration expenses of $3,115,111 is sitting in someone´s account. 

HMM, I´m curious if Fanstasy MIke F´s friends or family own any mining exploration companies????
                                                 June 30, 2022                December 31, 2021 
Current assets 
Cash                                             $357 458                       $671 776  
 
Net Change in Cash for period     (314 318)
Comment by woodwise on Sep 01, 2022 10:01am
This post has been removed in accordance with Community Policy
Comment by Golddigger12 on Sep 01, 2022 10:28am
This post has been removed in accordance with Community Policy
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