HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: 11 months of cash is not much

11 months of cash is not much

posted on Sep 18, 2008 09:33PM

This is also troubling, as time passes quickly, but the money keeps getting spent.

Can anybody actually identify a timeline to sell anything from WF?

Once you get down to the single digits in months left of cash, it makes a company vulnerable, either to disproportionate dilution, or a hostile offer.

Speaking of digits, did you hear the computer that searches for prime numbers just found another one? The number of digits in the number? In the tens of millions of digits!!!

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