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Gold/Mining/Energy : Wolverine Exploration
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To: beachlife who wrote (94)1/19/2012 8:38:41 PM
From: Cup-rum  Read Replies (1) of 173
 
yes, they should have money left as they raised > $ 260K in PP money in 2011; - also wondering why 4 holes cost them ~ $ 110K when they announced in the previous 10K that they were going to drill 11 holes for $ 170 K ??

BUT

they don't have ANY money left (save the $ ~ 1200 cash): they blew ~ $ 110K on the 4 holes and > $ 180K on "general & administrative costs" !! per 10Q
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