Replies to post #7601 on Hunt Gold Corporation (HGLC)

[overachiever]

Because they don't have 40 million from the sale of Mockingbird. lol Now they say they are going to mortgage Mockingbird. Maybe they forgot their previous lies. Someone needs to tell them to lay off the crack pipe.

What person would ever believe that a non recourse "mortgage loan" could ever be acquired by any company in today's environment? lol @ Lumb and his shenanigans.

I guess he absolutely does believe that penny players are scraping the bottom of the barrell on market smarts.

Why dont they use the 40mil from sale of mockingbird?

[JPD3]

so the mockingbird exploration will be finance with 5 mill, then 15 mill loan via conventional means, instead of through more share distribution...someone mentioned that they should have just used the sale of mockingbird for themselves, instead of using a loan...Question for the 'sarcastic one': Why use cash to fund an operation, when funds can be set up at a reasonable interest rate??? Time value of money??? The proceeds from molygold, when given back to us shareholders, would better be served by giving to us 'hungry dogs' so we can push up the pps (you know, like increasing brand loyalty???) Meanwhile, if they get 5 million, then 15 million for the financing, then they can satisfy their shareholder via a dividend, as well as satisfy the needs of the operation via secured financing at current interest rates (which are a lot lower than they will be)...jus my two cents, but im sure you already thought of this :-)

-PD

-PD