SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Alta Gold

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Adams who wrote (702)3/31/1999 2:14:00 PM
From: Bucky Katt  Read Replies (2) of 749
 
The other shoe has dropped. Gerald Metals, a NYC firm, who owns most of the Alta debt paper may very well take over the company, based on the sec filings I have read in the past. I do not know for sure if they are in violation of loan agreements, but they must be close.
You can guess where that will leave the common holders.... ouch....

I used to be a fan of this stock, but all the au miners are toxic at this moment.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext