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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Post by Czicfwillgetermiton Sep 27, 2017 11:07pm
160 Views
Post# 26751736

Time to check couch cushions for change

Time to check couch cushions for change35 mil plus minus for bf if sale really happens.  
12 mil in treasury, so they say
4 million in vat per month  for maybe 3 months , 10-12 mil maybe, maybe not.  

Still short cash,,,,  cerro mine property prob worth 12-15 milion in firesale based on what P paid goldcorp to buy it with similar gold prices.   

So my guess is they could probably throw 60 million  toward refi and sell cerro for working capital and pay back payday loan with Vat cash.   Thats all if existing lenders are too stupid or greedy to make a deal thats benefits everyone and that is very possible.    We wil see

I dont think primero is going under being 15 mil short  this year.  Luckys' payday loans will probably hook them up for a few shares if required.   
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