InvestorsHub Logo
Followers 7
Posts 914
Boards Moderated 0
Alias Born 11/04/2010

Re: DigiTech post# 22986

Wednesday, 12/11/2013 8:20:39 AM

Wednesday, December 11, 2013 8:20:39 AM

Post# of 26631
If I can add / ask you something about a few points...

Most of use were aware that PTQ went on a spending spree that they couldn't support. Its like giving your wife a credit card and saying to her "have a great day "...bad idea !

I agree, bad luck has entered the picture, but if we would have covered avenues off better, I think we would have been in a better set of circumstances compared to today.

I agree that DB will not force our hand, as they are still getting paid....maybe a little late, but getting paid regardless. Being late makes us look like shmengies if I may add and it is obviously bad business.

Now, the part that everyone is curious about....that is whether or not FQ will be taking over some, and or all of our assets. If everyone is aware of this, then why hasn't our SP gone up on this pending news ? It just makes me chuckle when INMET offered us a price and we shot it down and here we stand again, with our backs up against a wall.

So, whatever happened to us becoming a thriving gold mining company ? Did we just get too greedy.....too big for our boots. We have been established long enough that we are not new and shiny anymore. Someone made some really poor decisions.

In regards to your comment about averaging down...I think most of us HAD to do it and yes it does take balls. Its time for this JV to occur and get the hell out of here.

Thankyou

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.