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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: The Fix who wrote (1818)12/14/1997 10:28:00 AM
From: john  Read Replies (2) | Respond to of 4718
 
I can not see how 8 mil will last this company 2 years, they have spent 16 mil since march of 1997. You do the math.....unless of course they abondon any further efforts in British Columbia and concentrate on Indonesia, then maybe the money will last till next summer...but the BURN rate is going to have to DECREASE significantly in order for the remainder of the money to last two years.

BURN rate goes down.........things have to decrease.