How come no one here wants to talk about the Financials for the quarter,
Rod got down to his last $100k, that's why exploration was halted.
Estimated for next quarter is $200k exploration, $100k admin, and NO revenue. No business plan to create revenue.
The financials is the most critical piece of accurate information a company can present to it's shareholder. Unfortunately PRE is becoming a lifestyle company for Rodney and his mates.
Scorp75,
Ask Rod why admin spend went up by $75k for the quarter and exploration only $76k.
Activity report are where directors/CEO's can display there creative writing skills..
Manus, in a helicopter taking photo's, years away from anything.
Kelly's= ".They are considered likely to represent higher grade gold zones and
they remain open to the north"
Drilling contractor "August Start" I thought like many they were drilling through the quarter..No they were suspended.No cash.
Make sure you go to AGM, and see how much time is spend on activity report and how little time is spent on financial (your money).
End of year they will hit ????? for more cash...
Money eating machine.
My opinion , hope I'm wrong.
Ann: Quarterly Cashflow Report , page-7
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