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Alias Born | 05/03/2011 |
Monday, April 22, 2019 4:15:27 PM
It's not a German Loan. It's a German Loan Guarantee. The German government would accept responsibility for repayment of a loan should NIOBF not be able to pay it back.
Mark is well known for making statements that aren't exactly accurate. It's in everyone's favorite blog post. He was investigated by the SEC because of it...but they found he was covered by "forward looking statements". That is what is happening here. Sadly, Jim Sims did the same when testifying to congress. "Financing is going well."
I believe Mark has turned down the overly optimistic attitude now, IMO.
Of course, they could always be in a "quiet period pending financing news this week or next!" Maybe pick up some cheap shares as we won't see prices this low EVER AGAIN!!!
Cheers! See you at the groundbreaking & beach party!
Rule #1 is never lose money.
Rule #2 is never forget Rule #1.
My posts are my opinions only. Do you your own due diligence.
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