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Re: lesgetrich post# 61013

Friday, 01/25/2013 9:20:58 PM

Friday, January 25, 2013 9:20:58 PM

Post# of 67010
$5,000 is very little, for a publicly reporting company- they have transfer agent fees as one example, don't know their office expenses but their must be expenses related to the mill even during the winter.Heck I don't know exactly how they operate , but I do know if they are trying to comply with permit conditions and projecting production in the fall, it is difficult to believe $5,000 is all the expenses for a quarter. Press releases cost money, 8k filings incur a cost. Quarterly 10q alone will cost more than $5,000.

Yes the sources you mention might provide a convertible credit line of some sort, but as a public company they would need to file an 8k on any such arrangement.
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