Core Gold DMMIF

RE:RE:RE:RE:RE:worst case scenario..

[edx]

jackattack wrote: You call it a conspiracy, and I call it a scenario. In the event that DMM can't pull the gold out of these new veins this summer/fall and there's a default (or shutdown due to lack of operating cash), you claim that there will be lots of 3rd parties stepping in with big offers.. but I think that's wishful thinking. What company wants to take over an unprofitable mine in Ecuador? If there's no 3rd party savior, who gets the assets? Who knows. Bailey is right about one thing.. Washer pays himself very handsomely in both wage and cheap options. A million warrants priced at 0.92.. even as we hit fresh 52 week lows every year.. he should be embarrassed about that. I hope in a few months time I'll be eating my words and praising the guy, but at the moment I'm very disillusioned with this company. And so we wait.

You could sell the jumbos and maybe throw in a drill  for more than $2 million dollars on the secondary market without touching any other hard asset the company owns. Your scenario is unworkable becasue of math and financial data, not because of Washer's personal integrity.