News Focus
News Focus
Followers 161
Posts 7130
Boards Moderated 0
Alias Born 04/26/2010

Re: STOCKED14 post# 608

Thursday, 04/10/2014 12:53:06 PM

Thursday, April 10, 2014 12:53:06 PM

Post# of 931
I have followed the company for a long time. What is the burn rate? I forget but what is it currently? Moly is underwater for one, and when you have financing with the chinese, if they say no thanks at some point, what are you gonna do, spend a million to sue them, and another million to try to collect? No way Jose, and the breaking of the agreement to finance was an example of this. What the heck did the criminal incident do with the company's contract with gmo? Nothing, but it was an excuse to break it. So we are left high and dry with moly prices looking depressed. Again, an important question is, the burn rate. thanks in advance..........

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today