Ann: Quarterly Activities Report, page-6

Why do say still clearing $8 mill. or so in cashflow for the quarter is bad. MKT cap $160 mill. It is good,.
Over $300-400. mill,. spent on resource development over the last decade. We have a &$160 mill. cap. with proven reserves.
Balance sheet Ok.
Find me a comparison.
At least this company makes money and the current PE is low. Which is really good.
I think RED could be a comparison. Say no more.
Time to reflect on money spent.
$48 mill. cash flow still OK.
Really, including cap raising and money spent, I think they have been efficient (take a look yourself mr gravity).
If you have problems say it . I will confirm.
$48 mill in cashflow still an easy hit for the quarters.
All good as far as current cash and bullion after raising.
Seriously, there is some silly comparisons of other mid cap $600 mill. stocks.
At least we are there and will be there in the future. Big time, not like RED risk.