Well it’s all coming to a head. Jan 1 we had $441k with estimated outflowws of $281k. No doubt that will be an under estimate in my opinion. $337k spent last quarter. So we will be potentially out of cash completely within a month?
so what will happen? Will we get the $2 mill rebate? Or will we be raising cash at these all time low prices? Or will there be a pump higher before the raise..? Or will we go into hibernation?
either way, we will know very very soon.
The silence is deafening. Why do we still have no executive team or full time staff? Why has there been no activity? Why has there been no news? Especially with drilling season about to start? Why has Gino been buying and not Russell?
In my opinion, It wouldn’t surprise me if Russell is looking to sell mtc in full.
Lots of questions and no answers..
in my honest opinion.
MTC Price at posting:
2.4¢ Sentiment: None Disclosure: Held
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