Post by
Sacks45 on Mar 31, 2022 8:34pm
I think management
Is incompetent ( an opinion only). Why didn't they secure financing even at .10 cent when it went there ( no intrest) or they could have found a buyer. Neither of these 2 happened which suggests that this mine might not be profitable at these prices or was being mismanaged. Now they are at the mercy of the lenders because they only have 30 days and that's not enough to get either but maybe a pp if there is interest. They have been negotiating sin Nov 2021. I assume that there is no deal to be made because no news of negotiating progress has come out. Even in today's news it was generic negotiations are still going...... and?? I really wanted this to have a different outcome but I believe the next news we are gonna see is. Mtv files for protection. This is all conclusions I came out with from my logic. Non of it is based on fact.
Comment by
stockman2021 on Mar 31, 2022 8:43pm
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