The way I see it you HAD a gold company that was owned 60% by debt holders.
The debt exchanged to shares as a WASH except; now the DEBT holders now have some skin in the game and leadership responsibilities to make sure the new management toes the line and creates shareholder value.
I say WELL DONE. Let's make some MONEY. Burn the NEGATIVE SHORTS. I look forward to a prosperous new 2017.
LONG BAA.
OPTION 2 declare BK and you get nothing for your shares except toilet paper.
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