Battlefield Resources Corp (BFM) was Indomin (IRL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Battlefield Resources Corp (BFM) was Indomin (IRL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: baystock who wrote (554)	12/31/1999 4:53:00 PM
From: russwinter	Read Replies (1) of 584

Not completely sure what the burn rate is right now, but it is considerably below previous levels. They blew alot on the Zim mine, had problems and mothballed it. Costs were cut across the board. So I really don't think burn rate is that high now. Maybe you have recent numbers? The key to this company are the assets and getting the partners who can put up the money (as at Woodlark). If BFM mgt got ahold of a wad of cash, they probably would burn it up quickly. I am hoping that Witwaterstrand is structured as JV where the partner (hopefully a major)spends on the exploration. Same at Zim.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next