Home > Boards > US OTC > Mining/Resources > Avesoro Res Inc. (ARSMF)

Looks like toxic financing used to pay down

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Monroe1 Member Level  Monday, 05/23/16 09:53:17 PM
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Looks like toxic financing used to pay down debt financing. downward spiral going on despite a recovering commodities market. shorting apparent along with dumping of shares. recovery percentage should be better. profit margin too slim on paper. skimming going on. gold has a way of disappearing from the shaker table ...so to speak. wonder what the value of that "waste" could be after an assay????

Prognosis: should see a recovery of pps after this first year of operation should the financing debt service be reset by Rand etc.

Risk: Take Over by Rand and others, or planned bankruptcy to grab company assets from stockholders.

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