CBE 2.86% 6.8¢ cobre limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49

  1. 34 Posts.
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    I don’t doubt that there’s some value in presenting at various forums, but is the best of use limited share holder capital at this stage of the company to either: 1) aggressively explore and attempt to prove up a resource, or 2) present at as many international forums as possible?

    Judging by the latest quarterly, we’re spending $1 in G&A for every $4 on exploration. That’s a lot for a junior explorer. We don’t have an economic resource yet and until we do, I’ll take more holes in the ground over expensive international roadshows every day of the week. If you really want to market it, then there’s plenty of investors in Australia you can go see at a fraction of the cost of an international trip.
 
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