InvestorsHub Logo
Followers 60
Posts 9169
Boards Moderated 0
Alias Born 11/18/2005

Re: StockKingArthur post# 20855

Wednesday, 06/06/2012 10:33:32 PM

Wednesday, June 06, 2012 10:33:32 PM

Post# of 20865
They didnt pay that much according to the 10K. The 12 million figure isn't in writing I don't think. The figure comes from the offer of 1.2 million for 10% of the mine thats all. Now I realize they could just make up that offer to give the appearance of a 12 million property. It happens down here all the time. SIRG owning 80% and the other company 20%. Not sure if you noticed asher had a note come due ealier this week and one due in early July. It will be interesting to see if it is converted or ROD has someone on the board pay it off like has happened in the past with some other debt

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.