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 : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (62274)11/21/2008 10:01:32 AM
From: ogi  Read Replies (3) | Respond to of 78407
 
I sold my CFO last week Marcos, not because I don't like it but because they have a 9 mil $ payment in December and if they cannot renegotiate that payment then they are out of cash. Also, if their relationship with the property vendors is so good, why would they not have concluded a change in payment dates by now? They may indeed have good connections for further financing too but in this market it is irrefutable that a cash poor company has little bargaining power and will pay a very high cost to finance. The other factor I considered when selling CFO,( after buying it at what could be seen as a bargain price $1.25), is results are overdue and ,unless earth shattering, unlikely to push the share price significantly higher for any length of time. I will go back to CFO after financing is resolved and results are out.

Cheers,
Ogi



To: marcos who wrote (62274)11/22/2008 7:46:29 PM
From: Aloysius Q. Finnegan  Read Replies (1) | Respond to of 78407
 
<<... the new crooks usually get some kind of honeymoon period but already as chief of staff there is an excitable zionist>>

This does not bode well for peace in the Middle East. He is a right wing orthodox Jew. Obama may as well have appointed an evangelical fundamentalist from the far right.

Front page of the NYT talks about Obama's turn to the right. I voted for Paris Hilton after hearing Obama's promise to send three brigades to Afghanistan. At least she's "like totally ready to lead".

What most liberals fail to realize is that it was the Social Democratic Parties of Europe that rallied the workers to march off and slaughter one another in WWI.

<<How long does the deflation last, is the thing ... can't go on long at this rate, absolutely deadly to society to have vast numbers of people dispossessed and unemployed, could easily get worse than the thirties because i think people nowadays don't have the sense of morality there was then, been raised on television and don't relate the same way to their fellows, don't have the same life skills ... especially in the gun culture of the US, there is great potential to descend to violence very fast, make somali pirates look positively civilised>>

Think I'll move to the SW coast of Ireland ... find the plot of land my grandparents left behind ... and grow potatoes.