Would it not make sense to have say a 10 to 1 reverse split. If they are getting their earnings in order and, of course, can get the long- term financing ( I think Mr Ed calls it Global financing ) Wouldn't we stand a better chance of getting relisted and a better chance of recovering our losses.
One more question: Do you guys trust this outfit. I mean the management. This is just a concern. The trend has been to write off 5,000,000 post an improvement and write off 5,000,000. Surely we will not write off another 5,000,000 this December. I think they have only enough assets to write 5,000,000 two more times. Not sure haven't looked in awhile. You know that last year at this time they were telling us .29/sh. They forgot to tell us they were issuing more debentures and that they had paid too much for a company that was losing money and they were going to write off 10,000,000 in two installments.
Buy the way, does anyone know how the Tennessee Mine site is doing. Have we recovered any treasures.
Believe it or not I really like this company. Me and Shothog are go back to the days above a dollar and 13,000,000 shares.
Just looking for insights and a ray of hope.
Good Luck to Everyone. |
