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Bullboard - Stock Discussion Forum Colorado Res Ltd Ord CLASF

Colorado Resources Ltd is an exploration stage company, principally engaged in the business activities of acquisition, exploration and development of mineral properties. The company's principal properties are located in British Columbia, Canada. Some of its properties are KingPin, Sofia, KSP and North ROK-Coyote Property, among others.

OTCPK:CLASF - Post Discussion

Colorado Res Ltd Ord > Loan from Gold Corp.
View:
Post by Dano2017 on Sep 14, 2018 7:50pm

Loan from Gold Corp.

So 12 month loan 500k to be repaid in full in 12 month totaling 1.26 million and secured against core assets. Gold Corp just purchased CXO for 500k lol. LOL. 
Well that’s the deal of the century. Interest 8% compounded monthly- of course CXO won’t be able to repay. They pay themselves to wait.  LOL. THIS IS F###ed
Comment by 9rookie on Sep 15, 2018 7:44am
Hey moron , it's 8 % anually paid on a monthly basis , not 8% monthly , it's like your credit card which is usually much higher like 22% anually but they take a chunk each month !
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