GREY:COLUF - Post by User
Comment by
netsilon Dec 16, 2013 5:31pm
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Post# 22011474
RE:questions?
RE:questions?1) Bad management did not raise enough money back in August to sustain them with enough left for any risk. They spent too much money digging too deep rather than have a cut that they can mine and then keep digging elsewhere. Looking at the plans, it was totally feasible even if they had leave the pay dirt somewhere it would have given the opportunity to maybe witness another huge nug.
2) I was astounded when i saw the SP the day after his nomination with the kind of experience he was bringing to the table but i guess the next day report was just too damnin, When a new CFO with a good resume joins, it should be good news. I have faith in this guy since he's finance guy and maybe he has worked with Roscoe before. Surely he has a lot of contacts he can tap to raise the funds. It all comes down to the results at the end of the month and i have no doubt that the money will be there if the results are good. If they are not then the big investors can right it off which is why i think they want this before the end of the fiscal year