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Re: Trueheart post# 27049

Saturday, 11/01/2008 8:45:45 PM

Saturday, November 01, 2008 8:45:45 PM

Post# of 42820
'Trueheart'there are gold mining companies forced to shatter down there operations. Some of these have been trading at several dollars recently and have millions of cash,gold and other liquid assets in hand. But they are not able to convince lenders to finance their new or existing projects.

With the price of crude, even GTL seems hard to get financed. In all THIS unfriendly atmosphere, Lord Pity has to finance the salaries of staff and management along with establishments in different countries. I'm really scared that we will hear soon that Lord Pity has filed for chapter 11. That will be the end of our pipe dream.

Still long...can't afford to leave the boat. IMO