Post by
seahawks1 on May 01, 2015 10:38pm
Financials
Not sure about a lot of things with this company. Like who was running the bad ore through the plant that wouldn't know what they were doing for so long it would take 9 months to get it up and running again?. All of this financing through insiders...for what....even they are under water and never seem to be doing anything to get the price up and increase shareholder value. The company makes good money at a good profit rate when producing and the overall debt doesn't seem to high..to DB etc...but it does seem like we are hanging on by a thread...not sure why DB has to be paid back over such a short period of time such that we can't afford to pay our other obligations/taxes etc. Isn't the term of a loan for a capital expenditure for a mine more over the life of the mine...and not to be paid back in the first couple of years?. Seems like the major holders are trying to take over all of the shares. Have never been able to figure this out for years now...but still for some reason don't or because of the illiquidness of this stock CAN'T sell my shares at this measly price.