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LouisDesyjr

11/27/19 10:24 AM

#7579 RE: Tradernick5 #7577

I am not a hedge fund manager.

I think that the condition of the company is such that I really can't see any hedge fund out or even be allowed to be interested.

MAYBE private equity might be willing to 'take a flyer' on this but the terms would have to be so bad that can't believe the company would agree to them; like giving up large percentages of ownership for just about nothing.

The big gain or play here is the price of gold. With the federal reserve pumping all kinds of money into the system it is amazing that the price of gold is only around $1,500/oz.

Louis J. Desy Jr.