I was looking at a small cap miner today CZN and their expenditures for BOD and admin is 200k a quarter and exploration cost 578k last quarter, they have 2 different sites being investigated. Theres a (in my opinion) slim *very slim* chance that CMY could actually get something done with the last 1 mil in the bank if they were to actually do some work and cut the ridiculous wages.
Ann: Company Update, page-19
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