RE:WTFCut your losses and move to other opportunities. Told many times this investment is now recovery operation like it or not. Management had more than a year to secure financing when prices were sky high, permit came at the right time but missed the opportunity!!
Now, whatever deal they make will require massive dilution so best maybe to go to $2 with luck or who knows.
As I put it here few weeks ago I cut my losses and left small position.
Opened new positions yesterday during the bloodbath with SLI and BRW. I believe they will provide better returns in the next 6-12 months. Good thing that all LITH collapsed so transferring out of CRE shouldn't bear too much of a loss.
Will be limiting my time on this board so whoever was annoyed by my warnings when to sell and protect you investment can keep drinking the kool-aid and blame everything else but not management for this terrible situation.
Good luck to all longs here since still a holder lol