Bright side? What is not to like with this deal? Let's put this in perspective...We knew they wanted about $15 million. This deal is better than further diluting, and it further shows Credit Swiss believes in the business plan and trusts the management team to turn this around. A global bank doesn't throw money away down the toilet without doing its own due diligence.
The bankruptcy fear mongering can also now stop. It removes the uncertainty element that has prevented this stock from moving up in price at the same time operational performance at EVBC improves. Yes Q1 will suck, but I think they will confirm on March 1st to the market that average head grades in Spain have reached 3g/t +.
43-101 should provide more proof the future is brighter than some posters would like to admit.
I've also lost more money here than most - I just chose to see 2-3 yrs down the road. Give the new management team a chance.