Why would they buy part of 1 without a mining licence?? Instead...

Why would they buy part of 1 without a mining licence?? Instead of using the money to purchase part of gecko, could pay bills,operational costs, complete drilling programs, etc etc....without needing to issue more shares for credit they have acquired for unknown reasons..... cash flow 101.....fw.....dont spend it if you dont have it.......dont buy it if you can't use it... pretty simple....im pointing out alot of negatives yes.....1 positive could be that we may have gold in the ground?? Yet to be proven....im open to hearing some differing opinions.....