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Bullboard - Stock Discussion Forum Andover Mining Corp. V.AOX

A precious and base metal exploration company

TSXV:AOX - Post Discussion

Andover Mining Corp. > GET IT THROUGH YOUR HEADS!!!!!!!!
View:
Post by souwester on Feb 13, 2014 4:19pm

GET IT THROUGH YOUR HEADS!!!!!!!!

It's over. All the projects and properties are meaningless, including Big Hill. I would be shocked if there is a surplus for shareholders after all expenses are factored in and considered. Our management failed to save the company, and failed shareholders.
Comment by blankspace on Feb 13, 2014 4:23pm
Aren't shareholder creditors too?
Comment by souwester on Feb 13, 2014 4:35pm
No, though shareholders have a claim on the surplus if there is any. We're part owners of the bankrupt company. I used to think there was an option to "restore" the company if all creditors and expenses were paid, but apparently everything is sold and the surplus is distributed. Maybe someone with expertise could consider that. The bottom line: it's a fool's dream to think ...more  
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