“Some posters IMO are trying to cause panic by insinuating that we are somehow running out of money? - this is ridiculous - remember we do not have to spend $3 million on 'exploration' - if we wanted to we could spend our $12 million (recently raised) simply on PRODUCTION. Our management team can allocate the money raised any way they see fit.”
Pete
IMO
Misleading saying raised $12m cash
The Cr raised $8.1m cash not $12m
$5m allocated to Cascavel
$3m to exploration
Look at last quarterly
Projected cash on hand at 30-6/18 $4m or a little more
We don’t know Gold sales or production etc
Maybe they have spent more on Cascavel after all setbacks
We are now nearly at the end of July - 3rd qtr 2018
IMO
If not cash flow positive - do you think cash will. Last beyond this qtr or 4th qtr 2018
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
