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Maudore Minerals Ltd MAOMF

Maudore Minerals Ltd is a Canadian based exploration and development company. It is primarily is engaged in the acquisition, exploration, development, and operations of gold mining properties in Quebec. The company's projects include Sleeping Giant, Comtois, Discovery, and Flordin mining properties.


GREY:MAOMF - Post by User

Bullboard Posts
Post by RobertPageon Oct 04, 2013 8:15am
163 Views
Post# 21790335

I agree

I agreeGood advanced project, good prospects ' I agree 

BUT THE PROBLEM IS THE DEBT 

THIS COMPANY IS OWNED BY THE DEBT HOLDERS

RESTRUCTURATION WILL MEAN MASSIVE DILUTION FOR ACTUAL SHAREHOLDERS

again,  good project  ;  but its owned by the creditors

a  20MM$ debt burden can translate into over 150 MM shares dilution


Bullboard Posts