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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (534)9/11/2000 9:08:22 PM
From: keith massey  Read Replies (1) | Respond to of 960
 
Candour...There was an error on the cash balance on the May 9th release that was corrected by the company shortly after. "As of May 31, 2000, the company's consolidated cash balance is $7,496,000.....In the May 9 release, the company intended to state its projected consolidated cash balance following the full receipt of the committed funds."

Just the cash balance stated on May 31 is enough to expand all three of their subs. without even including what has come in or closed since that date. They have kept the burn rate at very reasonable levels and the last news release sure shows they are expanding. Long.