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JDUR

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JDUR

Re: Go-Gold post# 43685

Tuesday, 10/27/2015 6:53:29 PM

Tuesday, October 27, 2015 6:53:29 PM

Post# of 63744
Book is not quite 2$. The shareholders equity is 518mil - 124mil deficit which would be 1.56 per share. Then all the preferred shares and streaming transactions have extra debt when they are paid off in full. In a buyout nobody pays full price and the common share holders usually get screwed. There are also 63 million convertible preferred shares that would dilute the common shareholder.

I think it would be better for management to keep going and get enough cash to start the other mines. Although, I would be happy with anything over $0.60 per share right now lol.
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