OK, so if the shares are delisted from the NYSE they will likely end up trading on the OTC. This is not necessarily the end of the world. SVM voluntarily delisted a few years ago and after a stint trading on the OTC they were relisted on the NYSE.
GPL needs to get it's financial house in order. Hopefully this restructing will buy them time for the metal prices to catch up and allow the company to be viable as it once was. Yes, They got the goods in the ground and let us hope the management to offset debt with better terms on future performance. Let’s hope and pray someone has a plan that keeps it all together.
Hi SilentWolf thanks, you listened to the conference call. It appears the C mine in Peru is at least being considered for sale. That would inject the cash we need to fully develop Tucana, pay off debt, and in my opinion, put this company and stock, back on the right track. Yes, its one of the ways and GPL got more time to solve the financing )