OTCPK:EUCTF - Post by User
Comment by
Chutzpahon Jul 18, 2017 8:51am
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Post# 26480162
RE:RE:EUO's three XRF businesses are worthless, so says the market
RE:RE:EUO's three XRF businesses are worthless, so says the marketAbsolutely right. EUO has burned around 10M since announcement of SICPA deal
back in November 2015 and the next 18 months if kept at same pace of cash "evaporation"
will see it basically become near bankrupt.... at which point they could always sell the royalty back to SICPA at a discount and do a PP and have couple more years or so of f"kng around till retirement...