GREY:BKSLF - Post by User
Post by
miningmanon Aug 07, 2015 9:46pm
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Post# 23999738
I guess Im curious
I guess Im curiousas to where all the optimists on this board think the next round of cash might be coming from to resurrect this operation. How much money would you invest in a company with a market cap of less than $2 million that is carrying a debt load 10 times this value.?? The only possibility I could see would be Debtor in Possession financing and every time I have seen that applied to a mining company, it ends up real badly for original owners / stockholders.