They represent the biggest losers now. Millons lost on paper and seriously "under water".
The last placement through Paterson's Securities Limited to "sophisticated and professional" investors at 20c.
Hmm...how's that working for you know?
Our present cash burn is an impending crisis. Hopefully management can see this coming before we try to float more worthless paper? Seriously, if they say they want to build the Cerro mine then don't waste $$$ anywhere else. You don't have the cash and the market has rolled over in disbelief.
Hopefully someone in the top 20 can put a stop to all the propaganda and stupidity spewing from management, before we hit 5 cents?
CJO Price at posting:
9.3¢ Sentiment: None Disclosure: Held