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Re: dinogreeves post# 418

Sunday, 10/27/2019 6:05:36 PM

Sunday, October 27, 2019 6:05:36 PM

Post# of 592
Also says it here in the seeking alpha article which confrims what dino is saying.
CFTN management has been very conservative in spending, which has resulted in CFTN having a very strong balance sheet with no debt. CFTN has no need to spend cash for exploration, and there is no cash burn for mining operations. Desert Hawk incurred all of the exploration costs and paid CFTN a royalty for minerals it extracted from CFTN's properties