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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

Tuscany International Drilling Inc > better for the TID to go bankrupt?
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Post by pcboy on Jan 10, 2013 2:08pm

better for the TID to go bankrupt?

is it better for the company to just simply liquidate all its assets and repay the net proceeds to shareholders?  sounds like it is so cheap that there is upside even if TID goes bankrupt.  here is an interesting article.

https://genalpha.blogspot.ca/2013/01/this-stock-so-cheap-that-you-can-make.html

Comment by meeone on Jan 10, 2013 3:41pm
RUN AS FAST AS YOU CAN FROM THIS DOG.. JOE
Comment by bigreturn11 on Jan 10, 2013 5:39pm
You've been burnt on the way down?
Comment by pcboy on Jan 15, 2013 12:52pm
so is it true that there is money to be made even if this company goes bankrupt at these price level? cuz the net tangible book value is higher than the current share price 
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