Hi T, on today, even gold stock indexes are down a penny (JNUG) as of right now in aftermkt, so gold broke out big and gold stocks went a tiny bit down, very strange. Today Gran going with the pack. ABX was down all day.
T, It is the fact that it is "convertible" debt, convertible to .13 cents per share, if the stock was at .13 right now, we would be continuously diluted on a daily basis and pps wouldn't rise much above .13 anyways. I think the company is holding it down so that dilution is held to a minimum until the debt can be refinanced to more conventional, non-convertible debt.
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