Aspen Group Resources (ASRPF)

[za603]

No debt you say???????Asr lost 27million us last fiscal yr with a market capitalization of currently 26 millionus,doesnt add up.
1.Assume they have free cash flow ,a big assumption,Ceditors will snag that first
2,They are not drilling for free
3.I doubt the insiders are kicking money into the pot.
The way I see it we got 5 days or so reprieve while they drill.assuming the creditors dont close them down and fight over whats left.Now here in lies the big question do we try and get out or hold out .i could not get rid of the rest of my shares todayIn all likelyhood they will continue drilling and find nothing.I'll continue my position to try and get out on upticks.It is strictly a total gamble damned if you do and damned if you dont.Good luck.