GREY:CLIRF - Post by User
Comment by
screamer99on Mar 17, 2021 3:54pm
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Post# 32818749
RE:Huge pull back buy op
RE:Huge pull back buy opWhere's the opportunity? Negative operating cash flows for as long as I can remember and operating profits don't cover the interest expense, let alone the debt repayment obligations.
With a strategic review announced last year, poor financial condition and unsubstantiated increase in SP recently, I can only speculate that an equity transaction is approaching.
I'm sitting tight until something happens but congratulations to those who have been able to profit from the recent movements.