GREY:WFREF - Post by User
Comment by
Reflecton Nov 11, 2015 11:07am
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Post# 24281048
RE:What is the debt situation?
RE:What is the debt situation?
Sultan77; look at all the big sellers & buyers; heaps upon heaps of trade volume & LRE drops 3 cents. I just can’t get over these huge volumes. I guess Sprott & Franklin Resources, Franklin Bissett, Franklin Templeton, Dimensional Fund Advisors & others are throwing in the towel & driving the share price down. Man, what a stock market. Can you even fathom how itsy bitsy of a percent 150,000 share volume represents & the percent it can affect the share price.
Bankruptcy come quick.
Truthfully you just watch; out of left field aconglomeration led by the Creditors will take over & the small shareholder will get shafted. Look no further than the take over by Alexander of Renegade & the formation of Spartan.
I’d rather face liquidation & place my money in the courts. Vote in no other certain terms “NO” to the MIE deal.
This is just plain BS. After MIE renegged, quelshed on a deal – Andrew is kissing their behinds & trying to push another deal – Andrew proves he ain’t no businessman – he’s just looking after himself. There is absolutely no trusting MIE & LRE should have absolutely nothing to do with them. People, wise up. The LRE CEO & BOD are taking us for a ride.