I've bottomed fished plenty of BK companies. They all pop before the end.... Feed... AONE... no exceptions. I bought AONE at 0.19.... popped to ~0.40+ and then BK. This thing's got a long way before BK land. At least 2 good pops left. All it takes is a rumor of some loan, buyout, whatever doesn't matter.
All precious metal have been decreasing since 2011. We are near the bottom now?
Not a bad time to buy. All this does is readjust the mindset of the mining industry. When gold was at it's peak, it was quick and dirty. They just needed to get back on track to lowering the bottom line.
"Go get a life dude. Do you thint that you are impressing anyone? Nobody cares what you know or don't know. So what if you are right? Nobody cares what you say.
And just for the sake of arguement, let's say that you are wrong and the share price goes where we think it will. Are you going to be here, all along the way, nay saying and telling us how smart you are as the price continues to rise?
No it was 19% if you assume they elect to defer the interest payments which they almost certainly will do. They can sell some shares to survive but it is a close thing and even if they did raise $20 million tomorrow, this would remain an extremely risky position.