The two bankruptcy examples you are referring to Pasminco and Anaconda Nickel had huge amounts of debt
$1Billion for Pasminco and $500m for Anaconda Nickel
Your comment to which I replied was about specs dissapearing never to be seen from again
Spec explorers and developers with no debt very rarely go bankrupt, companies with debt and those with large loss making operations go bankrupt neither of which CXX is, it's a developer
As to why they haven't got off takes yet I'm not sure but I do know these things take time, having sad that Middlemas has only been at the helm since August so about 6months hardly a long time
The two bankruptcy examples you are referring to Pasminco and...
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