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Migao Corp MIGGF

Agriculture Agricultural Inputs


GREY:MIGGF - Post by User

Migao Corp
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Comment by souwesteron Jun 02, 2011 6:23pm
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Post# 18664629

RE: Extract from Mackie Research Capital upate rep

RE: Extract from Mackie Research Capital upate repOne problem is "refundable". There's a good chance that if force majeure conditions are met, PEC won't have the means to make the refund. MGO started to go seriously south with this deal - i.e., the market was voting on it - and now with this TRE business anything that looks askance (even if it isn't) creates a collapse.

FWIW, I suspect the PEC deal is legit, but unwise.
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