40% Hair Cut this week, or next MondayHUGE Dilution:
Don't fool yourself Debt Financing is not going to happen - not in this environment. Management screwed up.... if they would have secured financing a year ago the interest rate would be low. Even if they were able to secure part of the financing through debt it would be like putting it on a credit card... insanely high rates.
The old CEO Fired. New CEO has ZERO SHARES. Dan VP of Investor Relatons sold 97% of his stock at the bottom. Late last month they announced two mines in deveolopment will not get approved in Mexico.
The stock is a train wreck.