GREY:GLBCF - Post by User
Comment by
Winwarrioron Dec 01, 2016 12:06pm
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Post# 25540828
RE:RE:RE:RE:RE:Trading ?
RE:RE:RE:RE:RE:Trading ?You have much ammo on your side. That being said GCO owes IMHL about $4million and is 62% owned by IMHL which is a Russian company. IMHL most likely also wants to maintain good relations with EBRD who have about $20million in this venture. Now I guess GCO still could die and IMHL could work out a deal with EBRD so anything is possible. Odd though that IMHL would prefer not to settle a $8million dollar debt to ensure title transfer to GCO and instead would seek a solution that would see EBRD getting all of their $20million back. Given as noted above IMHL now owns 62% of GCO. Hey, anything is possible, but my gut is that GCO will trade once again.