Wasn't it that guy who early on provided all that good information? Pictures, maps, routes to the mine, the beautiful little hotel in Silver City? I thought he was going to be a valuable asset, but soon his agenda started to show like plumber's crack. He has lost all of his credibility with his posts. I've had him on ignore for months now...
If the lenders do take payment in gold, the discount tied to the payments seems it almost ensures not enough $$$ left over to meet other obligations... thus requiring failure on the other obligations ?
If they don't force that result by taking payment in gold at a discount, the other way they have to ensure they get paid back is by converting to shares... dilution.
It is simply a FACT that those are the two options... with dilution likely being the superior choice from an investors perspective... as it might forestall collapse.
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