Monday, June 15, 2020 4:08:40 AM
Total Net = approximately $396,000.00.
Running operations and paying reoccurring bills for six months? For $400k. Not bad at all!!!
Oh wait, take that $400k and kill all funds to run operations and pay bills. WTF are you thinking? So pay off the loans and to hell with wages and diesel. Things are just starting to ramp up.
Oh wait ??? How much did Paul spend on equipment, blasting, and expanding all efforts to increase recovery of Au? What if he has spent monies from recovered gold to begin to fire things up where he is producing 500 ounces a month. Long before NO MORE DILUTION OCCURS and no more notes will ever be required to get there.
Likely gold hits $2000 an ounce by end of year. 120 ounces after taxes to cover a note come January...verses 200,000,000 million shares today? I’ll settle for the payback come next year...in a heart beat!
Cheers
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