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Gold/Mining/Energy : ATPG Shareholders
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To: BuckeyeOil who wrote (2968)4/16/2013 3:27:21 PM
From: tmkay1 Recommendation  Read Replies (1) of 3620
 
Thanks BuckeyeOil. I believe what you say is true from simple reasoning.
What court would kill the main income stream of a bankrupt company if the main goal of bankruptcy court is NOT to play off the creditors but to bring the business back to positive operating status.
The courts purpose is to PROTECT the business FROM creditors while the business can redeem itself.
Redemption seems to be a far-fetched term here for ATPG unless shareholders understand that ATPG really didnt want to go into bankruptcy but would have liked to have Clipper producing "well before" (pun intended) they got into financial difficulty. IMO
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