Timmins & Beardmore - Northern Ontario

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Message: Re: Cash sgx geologist

Dec 06, 2009 04:52PM

AGORACOM
Dec 07, 2009 10:56AM

Dec 07, 2009 11:11AM

Dec 07, 2009 11:52AM
1
Dec 07, 2009 12:05PM

""Hard Dollars" is defined as Fees or payments to brokerage firms. So this leads me to believe that we have 0 to spend on exploration."...

In the context of SGX this is not correct. 'Hard dollars' are cash that can be spent as company sees fit versus 'flow-through dollars' which must be spent on exploration. SGX does have money for exploration... not a lot of it but they do have some.

red911


Dec 07, 2009 12:26PM
1
Dec 07, 2009 01:22PM
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