GREY:HRIVF - Post by User
Comment by
topdopon Nov 04, 2008 5:42pm
371 Views
Post# 15566358
RE: RE: RE: HRG and PLG
RE: RE: RE: HRG and PLGslushy slushy slushy.....
cash is king.
why on earth would you, SRM or SAM (or Eric, John or Fred for that matter) put new, good money into mines that:
1. are not being run well
2. fully
3. cheaply (enough) (yet)
4. in dodgy countries
in a company that has:
1. no proper management anymore
2. demonstrated little operating experience
3. BoD in disarray
4. Foul of the Banks; and
5. Oh. the're BROKE.
No.
Wait for the death spiral to complete. Debt boys will divvy out the assets. Equity holders get nothing.
Read my posts for the last 2 months.
Its played out exactly as I predicted.....otherwise GAMBLE away...
jmho.
topdop.