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Tradernick5

11/10/21 10:30 AM

#11319 RE: unbeREEvable #11318

Gold Production is up Silver Production is up and yet their stock is down. WTF?!! Total Non-sense Where is the SEC? Our unrestricted cash position at September 30, 2021 was $19.8 million as compared with $56.4 million at December 31, 2020. While we plan to continue processing gold and silver ore on the leach pads after ceasing mining operations for the pre-commercial scale ROM operation and partially offset the cash that is projected to be used in operations and investing activities, we do not expect to generate net positive cash for the foreseeable future. Accordingly, we will be dependent on our unrestricted cash and other sources of cash to fund our business. We are actively evaluating alternatives to raise additional capital necessary to fund future development and ongoing working capital needs while exploring other strategic initiatives to enhance stockholder value.