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Message: Financials

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tantallon

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Re: A Year Ago

in response to Re: A Year Ago by Wanderer5

posted on May 21, 09 09:16AM

Since the Chinese are so flush with cash I suspect they are not here for paper profits. They want the ore bar none. Based on the sedar release I also suspect that the Chinses will keep their preferreds and debt since they grow at 8 and 10 percent. So unless there's nickel concentrata coming out of the ground quick their share of this company's ownership will only rise with time. But hey what do I know. Its not like I've ever been correct about this company LOL. Still surprised the Chinese did any deal without seeing any financials. But the conditions are pretty tight. It will be interesting to see what the liens were last year end. Any predictions, $10M, $15M? Best

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