posted July 02, 2022 06:53 pm by rockhound3
(273)
They have been in control for 5 yrs and it certainly appears that they have been making all the decisions =MANY OF THEM BAD Clearly PALA wanted to move value from the retail shareholders to PALA
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posted July 02, 2022 01:36 pm by patchh
(361)
Do We Cheat em & Howie ! payla is up to some nastie stuff !
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posted July 02, 2022 01:35 pm by patchh
(361)
down on the Frankfort 20% to 0.145 - third act has begun !
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posted July 02, 2022 11:41 am by dosco
(52)
if secured by pala then they ll buy it from the court for 1 mio... and end up owning a 750 mio asset for 100... maybe...
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posted July 02, 2022 09:20 am by rockhound3
(273)
STARTING!!! This event was coming =all you had to do was look at the current assets vs current liabilities! We wonder what they are doing in ZUG ??? This situation is one of incompetence at PALA!!
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posted July 02, 2022 05:43 am by Leeway1
(74)
Buckle up. The democrats need to pull a rabbit out of a hat come November. Hopefully the Biden Administration war escalation isn't able to provoke Russia into using nukes. The Russian president
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posted July 02, 2022 03:10 am by patchh
(361)
Lion Iron Ore / Payla acquired 320M shares bak in 2016 - B4 the TSX changed the reporting reqirements on insiders - 3rd partt large blocks.. Lion Iorn Ore is wned by Payla INvestments Ca
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posted July 02, 2022 01:43 am by mckayk3
(12)
Thanks. Will b interesting to see how Mr. Market reacts to this, seems like a no brainer to grab 550M equity on 448M shares.
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posted July 01, 2022 09:58 pm by patchh
(361)
its Inked in the US.. as a bondholder/payla - they would get paid first and then a trustee is appointed 4 a sale.. we don't know what those bonds R leveraged at... KiWi would B tied
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posted July 01, 2022 08:38 pm by RoyKerr
(106)
Canadian creditor protection is not bankruptcy. bankruptcy 9/10 means shares are worth zero because bankruptcy usually happens when debts>assets. CP gives space to a company to come up with a plan
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posted July 01, 2022 07:16 pm by patchh
(361)
never seen one before/nevada.. bondholders first - payla - then creditors and a few penies for the shareholders.. if it heads to banko - buyers will wait until the residual has been placed w a
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posted July 01, 2022 07:13 pm by patchh
(361)
The Company’s creditors may also seek to commence enforcement action, including realizing on their security over the Company’s assets. unusual for nevada - or a first time i hav heard of a mine
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posted July 01, 2022 07:10 pm by mckayk3
(12)
How will bankruptcy play out? Anyone have a good idea? I can imagine we get a fraction of the liquidity. I'm just wondering what to expect in terms of share value.
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posted July 01, 2022 06:48 pm by patchh
(361)
RK ! some of the mine news - jibberish is illogical... they already hav a PFS.. a PFS can contain anything U wnat to place in the report.. payla holding that 8.5M$ souds lie they are
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posted July 01, 2022 06:04 pm by RoyKerr
(106)
My speculation is based on the company stating their reasons for drilling. But you are a heck of a lot closer than I am. Predictions on how this plays out?
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posted July 01, 2022 04:56 pm by Returns2021
(2971)
Gone, done. You lost it all. Shares will drop another 80% on Monday. What an epic failure of the last 15 years. Rock and Bog lost everything in life because of this.
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posted July 01, 2022 04:54 pm by TomsStockHut
(79)
Hi NF, agreed, regarding the 20% dilution. However, this setup is obviously not able to handle this last mile. And they will not be able to unlock the goodwill we had paid for (the OP ) within a
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posted July 01, 2022 04:13 pm by patchh
(361)
RK I think they were ou there drilling to define that dyke transverse... for second one - that 25K is noting. there is over 200K for the proven and probale on a NCI Map of the area
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