Louis still posting even after owning no shares and is a known troll.
Point number 1. Wtf are you talking about? I actually cannot work out what you're point is. The EC member had already lost his 500,000 shares. The conspiracy we refer to revolves around the many hedge funds etc that are involved in this C11, the manipulation of the share price, the currency swaps, the public offerings, the shorting of the stock etc etc. The 17.5% warrants is hardly a miracle. The company is private Louis. We could have 100% warrants, they are worthless.
Point number 2. Everyone is not in decline or imploded. There have been some mining casualties, correct. But none of them can boast that they are the largest gold and silver mine in North America. None of them can boast they raised over $650M over 7 years to expand the mine to triple production. When you say 'somehow we are to believe.....' Not you Louis, you don't have to believe anything as you have no shares. You are unaffected by this fraudulent bankruptcy.
Point number 3. Nonsense! Absolute f*cking nonsense. Tuttle did not put that report together you f8ckwit! The report you are referring to was a target price from - and someone may have to help me out here - it could have been Scotia, or another of the hedge funds, I cannot recall, but it was most definitely not a report by BT. Jesus man!
Point number 4. Raising $100's millions. Well maybe you are ignoring that the company already raised $100's millions, from shareholders like us actually. Why did we pony up this cash? Because it is the largest gold and silver mine in North America and once the expansion is complete they will be able to triple production. Trouble raising $20M? No, they did not have any trouble doing that at all. They actually raised the cash easily enough, as it was preceded by a news release saying that they had increased gold and silver production by XXX%. They could have raised a further $200M actually Louis, didn't know that did you? Oh and btw, raise $20M in an effort to not run out of cash? Don't be stupid man. How would $20M help them not run out of cash you half brained turnip? It lasted about a f*cking week! They raised that cash for their own self serving purposes, kind of like the KEIP bonuses really!
Point number 5. The unsecured creditors did not have to be in on it all. What are you talking about?
Point number 6. Tax. Yeah cheers dick head.
Point number 7. Do you really think the DIP financing expected to get the cash back straight away? Are you so gullible? No they ponied up $75M. And will make 5 times that with the new equity they got, depending when they sell their equity of course.
Again your posts are not wanted. This is an open forum for people who have lost their life savings due to incredibly incompetent management who are still running the company, unbelievably. So clear off. And take your 'the problem is' with you!
