RE:RE:RE:RE:RE:NO RUSH,,, JUST PICK UP WHEN CHEAP
- I won't even touch this POS....
- You see, this is most probably going down in the 20 - 30 cents range. The Enterprise value (Debt + Shares O/S) is still over $1 per shareholder. That will fall below a $ once the stock price drops to the 20 - 30 cents range. Gold, most probably, will be trading at 1000 or below. (It is coming... Watch !!)
- At that point, the Debtor Bank/s are most probably going to call the loan as I highly doubt that they will be able to service the debt on a sub $1000 gold price. The Debtors can most probably, takeover the assets and easily sell for approx $300 million (o/s debt size) to a "bigger player in the area (like rand or something)" while the bag...err... shareholders get shafted !!
- IMHO.... this story is over !!... The smart money left a while ago...
LOL !!