Post by
explorer14 on Sep 26, 2013 9:57am
More info
From Kevin B.
We are not considering a financing at these prices. We have cut our burn-rate considerably to protect our cash reserves. I am currently at the Denver Gold Forum and last week was at the Precious Metals Conference in Vail. We had 26 meetings (one on one's) in three days. There is still a lot of interest in our company.
We have not successfully found an interested buyer in Gaoua yet (tough market!).
We are carrying out an internal review of Kiaka, looking at it in a lower gold price environment than was considered in the PFS.
Cheers,
Kevin