GREY:COLUF - Post by User
Comment by
naeden99on Jun 20, 2014 11:41am
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Post# 22679806
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Is There No Shame!
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Is There No Shame!I never said the mine was worthless. Only the equity is worthless, which happened when no payment was made to the debt holders, at which point, the equity had no more rights. An equity holder could have stepped up and made the payment if there was any value (above the claims held by the debt and sandstorm). Corporate finance 101.