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Conway Resources Inc CWNYF

Metals & Mining Industrial Metals & Minerals


GREY:CWNYF - Post by User

Conway Resources Inc > Ressources Conway announces her closure
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Comment by cherzeon Nov 04, 2013 2:55pm
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Post# 21874987

RE:RE:RE:RE:Ressources Conway announces her closure

RE:RE:RE:RE:Ressources Conway announces her closure
Wish we shareholders had a word to say but apparently not…

Here is the information I could find up to now (just writing up what i was told on the phone):
The Mine will be sold to the highest bidder.  If interested you can assist the meeting of the creditors to see how much Conway was in debt.  It is apparently around 600 000$ but this number has to be validated at the meeting.  After that they need to find someone interested in buying the mine.  The liquidator then needs to be paid, and if there is something left, maybe the shareholders will have something back...  Then again I was told not to get my hopes to high.
Tax loss sound like the best/only way to get something back…

We have been waiting for Mr. President to get financing… the moment he gets it he closes the shop??? How can this make any sense? I wonder.

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