thedivot’s details
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It's kind of strange - Kaiser (and Cook) have been preaching that they expect 500 companies to disappear in the next year because of lack of funds. They say around 1,000 companies have less than $1.1M of working capital. And yet Kaiser reco... |
3/8/2013 11:20:04 PM |
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I would think they are out of cash. They just arranged a loan facility of $16.5M and on March 1 announced that they took $3.3M of that for exploration & general working capital. They wouldn't use that facility unless they were out of cash! |
3/8/2013 1:33:58 PM |
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Caesar's Report back in August 2012 said this: Infrastructure seems to be the Achilles heel of the project. The only way the project connects with the nearest city, Saint-Laurent-du-Maroni¸ is through a 110km gravel road. There is also ... |
2/10/2013 8:55:05 AM |
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At the end of Oct 2011 they had $1.75M cash; end of Jan 2012 $611K and end of April 2012 $78K so my guess is that they are now out of cash. From their April 30 MD&A: "The Company has suffered recurring losses from operations and currentl... |
8/12/2012 3:49:40 PM |
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You're posting this same pump job all over Stockhouse. Insiders may own 70% of Copper Fox but that doesn't mean they bought shares on the open market. And vette350 only pumps that one stock so it's hardly a reliable site. |
6/24/2012 11:10:25 PM |
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