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Re: ptygold post# 24146

Thursday, 03/13/2014 6:55:18 PM

Thursday, March 13, 2014 6:55:18 PM

Post# of 26631
Who would be interested in merging with them? I don't see with the current situation they are in anyone wanting to go that route with these people. Maybe unless there was some sort of management change and I don't see that happening. The only thing they have going for them is if the POG continues to move higher, but that's not certain to this point.

$50-$60 mil only pays a portion of their debt and does nothing to get the heap leach up and running or LP back. How they manage without that is anyone's guess.
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