SPM 0.00% 2.2¢ speewah metals ltd

Ann: Quarterly Activities Report , page-14

  1. 33,610 Posts.
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    may buy once I see they have more than say $5M in treasury, just my investment strategy is not to hold explorers that have little in kitty I was surprised how much they burnt through last quarter.
    Really think it would have been more prudent for them to have held off drilling they have a huge resource allready.
    Infact really they need to be behaving more as a shelf company like bouganville copper in keeping costs down does untill they can find a jv partner IMHO, otherwise its just more dilution for shareholders.
 
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Currently unlisted public company.

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