GREY:VITFF - Post by User
Comment by
HuskySWon Jul 22, 2024 1:16pm
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Post# 36142918
RE:VGCX - Retained Earnings $113 Million
RE:VGCX - Retained Earnings $113 Million
badger,
Thank you
" We are now into week 5 of this debacle and retail shareholders are still left largely relying on the media for their information.so it's no surprise the shareprice continues to drift lower (being manipulated lower)."
Well said.
"My guess is if all the company insiders, their largest shareholder GMT Capital, and all their lenders all believed this company going bankrupt is imminent, then this stock would already be at zero. The only reason they're all still here is because just like us longs, they currently don't have enough info yet to know exactly what happened and who is most liable and are no doubt awaiting more info on the degree and extent of environmental damage, how successful remediation efforts are, and what these two factors are going to cost."
In my opinion only
I beleive that the Eagle being remediated/shuttered or reopened as an ongoing concern will all depend on what comes out of the question "Are there any future profits" including all env remediaiton costs.
If so, GMT Capital and so forth will toss the cash in. In the mining world it's just another day.
Best