Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

[Sherry35]

UptickHedge - Well said "But it's against all odds when one looks at precedent in CCAA to be too hopeful for common shareholders. This one might be different a bit but maybe not.. Time will tell I guess." However, this would mean the estate would need more than $280M (secured and unsecrued claims combiuned)  for common share holders to particpate in the distribution. Those two classes of claims are registered with the estate.

I still stress that PGM common shareholders should contact FSV for clarification on the distribution on the proceeds from PGM asset sales. It's a few minutes out your day to understand the outcome of the estate distribution.