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S&P 500
5,277.51
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0.80%
)
US TECH 100
18,028.40
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0.00%
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Dow Jones
38,686.32
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1.51%
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7Secret7Service7

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7Secret7Service7

Re: None

Thursday, 09/23/2010 9:39:57 AM

Thursday, September 23, 2010 9:39:57 AM

Post# of 4875
"363" Asset sale sends this to $.14

In the event of a "363 Asset-sale" the secured lenders are only entitled to collateral($19M). The relief canyon is a lucrative mine and serious profits have been made in the past. In the event of a sale(possible bidding War) the mine will most likely be sold for alot more then $19M & share-holders will realize value. Heck the chinese offered 26.5M for a %51 stake, The relief canyon will sell most likely for over $50M do the math .. . . . $30M realized to the share-holder with 193M shares outstanding = around .14 per share Plus NOL's
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