R. Christopher Charlwood - what a maroon! Bought 20% of a soon-to-be-bankrupt company for $2MM. And will lose every last penny in less than a year?
How did Peggy find these sort of dopes time after time?
Say Charlwood, I've got a few bridges to sell. Special 2:1 sale, just for you...
Oh my.
From the Jan 7 NR:
"The proceeds from this private placement, in addition to the 12-month extension of the bridge loan, will provide the company with sufficient liquidity and operating capital to carry on with various initiatives currently under way aimed at growing the company and enhancing shareholder value. Specifically, these initiatives include securing a significant project financing for Tamerlane's Pine Point project and the monetization of other company assets, in particular the Los Pinos copper project in Peru. In addition, the flow-through financing announced on Dec. 20, 2012, will finance exploration programs at the company's various projects located in Canada's Northwest Territories."
These idiots were still spending precious cash, even as the walls were crumbling around them...