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Re: SeaBlue post# 16927

Thursday, 05/12/2022 8:03:33 AM

Thursday, May 12, 2022 8:03:33 AM

Post# of 19801
I'm looking on the MD&A and I don't see what you're talking about. Page 7 has info about the different properties resource estimates as far as I see. I don't see anything about them selling 60M Auteco shares.

If You look at the bottom of page 21 in the MD&A there's a couple of sentences speaking to how they're raising money. My guess would be if they sold those Auteco shares you're referring to they most likely were raising cash to fund the business.

I also noticed we only now have about $23M left now in cash. My guess is our fearless Leaders should be devising ways to increase our cash on hand. They burned through almost $10M for what was done alone at Springpole last year. That's why I keep saying getting these additional drill programs going is probably not something they're in a big hurry to do.
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