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Gold/Mining/Energy : Procyon Biopharma Inc. -- Ignore unavailable to you. Want to Upgrade?

To: suncasper who wrote (327)12/16/2001 3:01:14 PM
From: Tim Cruise  Respond to of 356
 
I believe that the burn rate is $1m per month. Management has indicated that they can, and will, scale that back to $600k per month without impacting the on-going research.

Good question.

It is important to be conscious of cash position.

I like this company.

I would keep this one on your screen.

Tim



To: suncasper who wrote (327)12/16/2001 8:48:26 PM
From: thebeach  Read Replies (1) | Respond to of 356
 
approx 600,000 per month with approx 9 million in cash,should be lots to get thru next year.


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