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Congo Mining

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Congo Mining

Re: fazlice post# 59071

Tuesday, 01/31/2017 1:55:33 PM

Tuesday, January 31, 2017 1:55:33 PM

Post# of 63744
the preferred shares are a debt - equity instrument. They have converted it all to equity and left the original equity holders with 30% of the new equity.

Not what you were hoping for...but I thought this was going to be catastrophic.

The Idea of $1 or $2...not going to happen.
book value is about $0.39 now.
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