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Okay guys, I just got of the phone

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Lucullus   Tuesday, 08/15/17 12:50:25 PM
Re: None
Post # of 19 
Okay guys, I just got of the phone from the Primero Investor Relations. The drop in shareprice is just because of the delisting! They are not facing bancruptcy! Both mines are producing fine!

Operationally everything is fine! Negotiations with WPM are going on! They are hard negotiating the SPA! They can't understand why the market doesn't liked the sell of Black Fox. They realy thought the sell would be good news for the company and would help the shareprice!
Tax payments from the Mexicans are coming!
They actually mine only the known high grade veins without doing much exploration. They are focussed on generating positive cashflow.
Black Fox is sold, but the contracts have to be signed, so until then we mine as much gold as possible from Black Fox!

His words: "Bankcrupty is not an option!"

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