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Andover Mining Corp. V.AOX

A precious and base metal exploration company


TSXV:AOX - Post by User

Comment by ooofeeeeskcon Feb 18, 2014 8:25pm
218 Views
Post# 22222654

RE:unusual bankruptcy

RE:unusual bankruptcy6 months worth of Legal Fees on top of everything most likely put the icing on this cake = property poor. It is possible to have $300Million worth of real estate and not have enough cashflow to patch the leaks or pay the taxes to service it. Another major blemish for Gordon Blankstein & co perhaps his last. Investors? Maybe an empty shell and a serious reverse split if anything - typical after a disaster like this. Wonder if now we'll finally make the papers.
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