Post by
Nextlegup on Aug 29, 2023 11:21am
These guys had better be smart with their money...
or they are going to be another casualty just like most juniors....
Here is my question...Why the heck are you wasting money drilling some other property (Rowan) when you've already acquired what should be a sure thing with their recent acquisition? Seriously...these guys have to have rocks in their head!!
Money is the name of the game here....and if you havent got cashflow...you better be pinching you pennies as it can be a real short ride. They're wasting away their "backup" and spreading themselves too thin...too many projects...burnrate skyrockets.
Having been a broker years ago in Vancouver...trust me...I've watched "the game" being played...those who know what they're doing...and those "Cowboys" who don't...
GLTA
Comment by
Fredfudpucker00 on Aug 30, 2023 10:02am
What's a sure thing about Madson? It is a money pit ,and there isn't enough money in the kitty to start it up again.
Comment by
roberto146 on Sep 05, 2023 5:41pm
Didn't somebody else go broke mining it?