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Richcc71

07/02/15 3:13 PM

#4441 RE: LouisDesyjr #4440

As I said before:

They had a Loss of Asset held for sale at $17M in March. A one off.

They just sold their properties for $17.5M in June, also a one off.

The next MOR will be important, but assuming the average Receipts v Disbursements are the same, cash flow should be sitting at $21.5M for June...

Olti100

07/02/15 4:18 PM

#4443 RE: LouisDesyjr #4440

hahhahaahha read below

:) --Stockholders equity is now $160 million, but I question if the assets are worth what they are on the book, since the first three months show a cash loss from operations. It looks like the company can not even break even on operations. Based on this, once the assets are valued or sold, I would expect large losses from the carry value on the books.

" but I question if the assets are worth what they are on the book, since the first three months show a cash loss from operations."-------Best post of yours knowing what your reasons are in here.

I wonder what the heck are you doing in a company with a negativity cash flow but stealing our shares.

Ps Does the company still produce the GOLD at the discount of 800$ per Ounze?If YES thanks for the GOOD LAUGH.Just Noticed that the Gold is still at the 1170$ per Ounze Today while we are talking right now.

Foxy thanks for your sweet advices.I know you want my good and me without shares.We all know the advice-Trust in your investment and when others Scream Sell Man I have to think twice of their "Friendly" Advice to stay with the Pants down while the Numbers goes out.I still read 160M$ plus in the assets Line worth of the Equity and the Profitability of the company is without any discusion from the Company itself and our Friends in charge the"Debtors in Pose$$ion" and with high prices of Gold in the Horizon I say Let me buy your shares all the way down as my Equity Eagles in our side are going to burn the shorties pretty bad this time.Bring it lower Baby.I am ready for it.

Sweet Dreams Baby(lol)