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Lone Clone

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Lone Clone

Re: BottomBounce post# 33694

Monday, 09/04/2017 11:15:03 AM

Monday, September 04, 2017 11:15:03 AM

Post# of 35729
Primero Mining Corp $PPPMF $12.14m in cash. Gold Reserves 11m ounces Silver Reserves 582m ounces

And a completely trashed balance sheet thanks to repeated stupid decisions by management. I used to trade their warrants but ave stayed away for the last few years as I saw the disaster unfolding.

Maybe higher PM prices will save them from bankruptcy, but it will be close. The most likely outcome remains filing for bankruptcy projection, replacement of current management, and a rollback, leaving little or nothing for current shareholders.

Good luck with that one; you'll need it. Maybe next time you post about Primero you will include their debt in your post.

LC

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