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Bullboard - Stock Discussion Forum Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Metals & Mining Industrial Metals & Minerals
Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company focuses on potential target properties in Canada and the United States. The Company's subsidiaries include Kutisay Mining LLC, Kashka REE Plant Ltd., and SevAmRus CJSC. The Company has not generated any revenue.

TSXV:HRE.H - Post Discussion

Stans Energy Corp > Any takes?
View:
Post by salinsky7 on Nov 30, 2021 12:27am

Any takes?

Any takes on what's going on here? Any comments on recent financial statements?
Comment by nolancole on Nov 30, 2021 9:27am
VERY cautious optimism is my take. First of all... they spent a significant amount to for the timely filing of the annual financial report. Second... it appears company officers have loaned Stans Energy money. The amount and interest rate they are charging is in the report. It would also be easy to argue they are broke and soon out of business. My issue is that in hindsight there have been very ...more  
Comment by TrickyGame on Nov 30, 2021 8:01pm
I saw that too the directors have loaned Stans Energy $103,800. You are right it could be argued that the Company is finished but even with that line of thinking why would the directors loan the company that much money if they thought the company was going under? When if it was going under there is a decent chance the directors never get that money back? An optimistic way of thinking about this ...more  
Stans Energy Corp
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