RE: RE: RE: RE: No Major InvestorsFullhouse and anybody else that will listen...the point my old friend Kerbrilliant was trying to make is that this investment has been touted as a jewel long before you guys got here. But having said that, there is something about this play...well a lot of things...that just never caught the eye of the major players.
IMHO, debt financing is a last resort for miners to raise money. In most cases here in Canada, miners try to raise money throught equity. T
What happens down the road if money gets tight for URSA and they get a cash call for the loan??
Any way, management will make enough money to maintain their life style for a while longer, you guys can post great things about the ore URSA is shipping and do calculations about how many millions...heck BILLIONS!!!...of dollars is sitting just waiting to be milled. Been there and done that with this crap.
I think it is a bad sign that even their old friend MineralFields may have vacated this smelly mess.
I'd take 50 cents in a heart beat. So will through mud and Dunderhead and Kerbrilliant and whoever else was around through the heady $4.00 or bust days.