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Tronicta

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Tronicta

Re: VSAStory post# 56765

Monday, 10/17/2016 10:40:24 AM

Monday, October 17, 2016 10:40:24 AM

Post# of 63744
Indeed - I have a feeling that for the ounces they sell at $100/oz, they have to take a $1150/oz writedown which are those impairment charges we are seeing that create the negative EPS.

If gold is at $1800/oz, that means the impairments will be $1700/oz. I don't see how this company will ever post a positive EPS now.
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