PNM 0.00% 2.4¢ pacific nickel mines limited

Just researching this stock atm.. Geko, you mention that has...

  1. 144 Posts.
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    Just researching this stock atm.. Geko, you mention that has been said no more capital raising by MAR. I notice in the quarterly cash flow report (5B's) that they seem to be borrowing money @ 15% interest (some from related parties) and now owe $1.75 M, and looks like all due to mature / be repaid in April 2015. With 62k in cash at end of September guess they will keep borrowing until production starts.. Anyone have an insight on this ?
    Cheers
    Z
 
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