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hillzman

06/08/15 4:37 PM

#1549 RE: TexasRambler #1548

"this ain't looking so good." No it isn't. They sure "stepped in it" and totally underestimated capital needs (ie an offering when the sp was more robust) and cut it too close by not anticipating at least some delays. The grade issues, the permeability issue, the water well, on and on. I'm not happy about the "seeking strategic alternatives" either because in my experience it reflects a dire situation and maybe even a "fire sale". Just wish ABX would step up and take a percentage, since they would be a natural fit. We shall see.
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VanWilder

06/08/15 10:13 PM

#1553 RE: TexasRambler #1548

This traded around $150k worth of stock today total. If there is a leak good or bad, you will see volume.

I think getting past last weekend was big, as bad news typically hits friday afterhours.

Im holding, but it is a risky proposition.

Van