EXPM:HRTFF - Post by User
Post by
Homestoneon Dec 16, 2020 7:06am
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Post# 32116695
Fly hi
Fly hiAgree,enough talk about a bunkhouse which I don't think the company has money or permits for either.You wanted to talk about the stock price for the last couple of years .Three years ago 75 cents,now 10.5.How does one explain that especially with the rise in gold price since then.Simply put the company was in financial trouble right from the start and then operations didn't exactly go as planned.Appian stepped in to save the company from going under but now they are pulling the strings and whatever they say goes.They are recouping their investment through any means possible ,the shareholders are being left behind.All the wheeling and dealing is putting money into other people pockets being through hedging or the share payment deal they have going on.Not to mention the 1.5 net smelter deal.Literally all the profits are being skimmed off and there is nothing going into the company coffers.With this scenario it is hard to see the way forward.Plus the company owes 100 million that has to be paid back.Like I was saying before it will take a few years to straighten out the mess.In the meantime some other company may swoop in and take over our fantastic assets. The