RE: RE: Did u know......Raider,
Its not really about the bull/bears....it's more about pumpers and the truth.
The post u just wrote is the kind of thing I am looking for here...open discussion without name calling...I don't understand why people get upset with the truth unless they have an agenda to mislead people. That is what I hate...I don't roll that way...so I post some of my DD...and I keep it to this board...because that's what these boards are for.
I don't expect Mitsui to convert their shares before year end...because they already extended the loan until next July at 12% interest....that's twice the original interest rate. Now the question rises...why wouldn't they covert the loan to shares if this mine was worth so much.....
I am also not sure that any production will start within 90 days as there is no equipement on site...not sure how they are going to get the coal out without equipement....they will need trucks, loaders, scoops and such I would suppose...
Heck as far as I know they haven't even started reconditioning the plant yet...all they are doing is drilling a few holes...and thats taking forever....
And still no customers....JMHO GLTA
https://www.clinemining.com/news/pdf/100720.pdf