I'd say your reaching a bit. From what I know, TNRI will not be doing the mining so they do not buy the equipment. They hire another company to do the exploration. I've been in this for a long long long while now and I'm still positive. Remember spring is a long ways off up in Canada... Keep it positive we'll all be rewarded someday...
I agree, the company could not afford or get financing of 1/2 of drill costs on Keeley Silver mine (they obtained financing for 1/2 of 150k rough costs per IR Karen then) but never could get the other 1/2 and deal went kaput. Karen say at the time they not want to "give shares away or the the whole company awaty to obtain the costs" but now they are priced so low may have no choice...Any one have any idea how much capital$ could have been gained since this selloff slaughter started?
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