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ITSMYTIME

06/13/12 12:56 PM

#5691 RE: SMResources #5690

After thinking on this for a while, I'm going out on a limb here and agreeing with Andy on "one" thing. I am now leaning towards expecting a rollback of the stock as a requirement of any financing. It seems highly unlikely that any lender would do a debt financing and with 178 million already out, well you all get the drift.
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willpellel

06/13/12 1:50 PM

#5692 RE: SMResources #5690

we will know shortly with the new quarterlies due. i do know this, we have a sub-penny play here. bank balance is irrelevant.