SI
SI
discoversearch

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 : Amarillo Gold -- Ignore unavailable to you. Want to Upgrade?


To: ferris wheel who wrote (78)10/7/2008 3:43:28 PM
From: TheSlowLane  Read Replies (1) | Respond to of 85
 
fw - You might want to contact the company to find out how much cash they have on hand and how fast they are burning through it. If I recall, they had three drills running recently which must be expensive. I did send an e-mail to B. Doyle to see if they are planning on doing a raise, but have not heard back. Unless and until that gets clarified, it may be better to focus on companies that have defined resources and at least enough cash to carry them 2-3 years. That said, I am continuing to hold here but someone keeps hammering my fingertips.

tsl