GREY:STTYF - Post by User
Comment by
HVAN1on Sep 19, 2012 6:46pm
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Post# 20388224
RE: No minimum payment guarantee?
RE: No minimum payment guarantee? The minimum payment guarantees have proven nearly worthless, see Royal Coal etc. If a company can't produce economically the guarantees mean nothing.
Colossus is near production, with an experienced team and some cash on hand, and looks a lot like Donner Metals in those respects.
No more investments in undercapitalized juniors years away from production.