G1A 0.00% 5.9¢ galena mining limited

Ann: Trading Halt, page-26

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  1. 10,813 Posts.
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    The fact that it has been bid up in such a short time make me think that it isn't a big CR. There really is no need for a big CR at this stage anyway - if we were near the DFS then yes, but right now the cash demands on the company are not huge. The drilling has finished and it is now about administration and studies. This is reflected in the cash burn for this quarter.
 
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