True Confessions -- Admit it -- you bought <i>that</i> stock Message Board

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Pastimes : True Confessions -- Admit it -- you bought that stock

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To: yard_man who wrote (922)	11/18/2009 4:42:51 PM
From: Real Man	Read Replies (1) of 990

Judicial management is South African for Chapter 11. So, this is not good news at all for the POS. That was their only remaining active underground operation, apart from surface dumps. They are supposed to make money now and be out of debt. So, wassup with that? I guess folks are wondering, and the POS may indeed soar if this is clarified positively at the annual meeting. What's the purpose of it all? Fight the unions and fire some folks? Get a government loan? Or is it worse. It's not quite the equivalent of Chapter 11, so who knows. Is the POS going under? I have these questions. The POS is supposed to make some good money now, though, and I would imagine they would not want to lose the mine. It happened before, and the POS went to a quarter of its former self, only back then the POS was actually losing a bundle per quarter.

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