Replies to post #112 on United Silver Corp fka USC

[chemist99]

For what it's worth; I contacted the court-appointed receiver (Duff&Phelps in Canada) & was advised that the proceedings have been completed. The outcome was that the mining assets were foreclosed upon by the secured creditor. There are no assets remaining in the USC entity.

whoever wants to read up, can find the details here:

http://www.duffandphelps.com/intl/en-ca/Pages/RestructuringCases.aspx?caseId=933

Hale Capital Partners (the secured creditor) acquired all the assets & now owns the Crescent Mine through its subsidiary 'Crescent Silver LLC':

http://www.marketwatch.com/story/hale-capital-partners-announces-acquisition-of-substantially-all-of-the-assets-of-united-mine-services-inc-2014-04-22

[chemist99]

remember my post

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=104169552

??

immediately after Hale collected the collateral via their subsidiary Crescent Silver in 2014 via the bankruptcy proceedings, a PEA was commissioned & completed (2015) . (quote) "The results of this assessment were positive suggesting an advancement of the project to preliminary-feasibility."
(quoted from: https://www.crescentsilverllc.com/crescent-silver-mining/about.html )
If USC had such a supposedly great asset, why did they have to go under in the first place ??

Nah, all just coincidence, as usual (insert wink, wink here)