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alexander77

08/12/16 1:37 AM

#232 RE: NYBob #229

The company uses all net profit to pay back debentures and to by back bonds converted into shares. If the gold price stays at this level -IMO the gold price has only just started to rise and will be ++$1600/oz by next year- all debt will be repaid a lot earlier than by 2020.
I am looking forward to the see their ppt presentation and read the CC transcript.