Golden Arrow Resources Corp. (GARWF)

[Jreinhold]

Here was a user submission on a seeking alpha article regarding him sending an email to golden arrow directly.


"I sent IR an email asking about whether they need to raise more funds and also about the local goverments commitment to providing infrastructure around the mine site. This is their response:

Brett,
Great time to become a shareholder of GRG.
We are just getting started and look forward to the coming years as we build Golden Arrow in a producing mining company.
We have $8.4 million Canadian in cash on hand and will be receiving $15 million UDS from Silver Standard.
We have many other properties that we would like to advance and potential acquisitions.
So yes in the future we will want to raise money.
Once we close the deal with SSO which is targeted for the 15th of May there is an estimated $81 million of Capex infrastructure to be developed you can find the break down in the most recent press release.
Golden Arrow is responsible for 10% of the Capex in the first year up to $10 million and then 25% after that.
There will be some infrastructure build (roads) out and yes the government has been very good to deal with.
It is a very simple plan and we believe it will be smooth path.
I have attached a report that is now out of date but it is still worth reading"


Found here
https://seekingalpha.com/article/4059395-golden-arrow-will-silver-standard-exercise-jv-option-today?v=1491516279&comments=show

in the comments section.