InvestorsHub Logo
Followers 7
Posts 546
Boards Moderated 0
Alias Born 10/15/2008

Re: webtime post# 70009

Thursday, 12/30/2010 2:33:31 PM

Thursday, December 30, 2010 2:33:31 PM

Post# of 83044
PN will go away when A) they get enough cash in a refinancing of the company or b) the BK judge says so. To say they will never go away is foolish.

There should be plenty of value in this project (especially with today's gold, silver and copper prices) to pay off PN, the secured creditors, the unsecured creditors and leave current shares in tact (albeit wounded). The FACT that all sides are negotiating outside the court speaks loudly.

F18

Just my opinion and should not be considered as advice to buy or sell.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.