You are right about there being a risk of running out of cash Can'tjust read. Some companies are getting no credit for good results now. If we get "OK" results and the market is still like this then what?
I would rather swing for the fences and hope that we get some stellar results and/or the market improves in the meantime. I am more concerned about the extras they have entered into. Hiring more management seems to be top heavy. We already have Tilsley and SGS to help us find the gold. Why do we need another guru who is going to head a committee? Plus they acquired the additional claims. No mention of the cost but there has to be some. I am sure the new claims show some promise but if you do not have the money to drill what good is it?
Mind you Frank will look like a genius if the market turns real quick and they find impressive intercepts. Right now, he is looking like a gambler to me.
Bob