I got in at .09 and was completely taken by surprise by the
halt. The q2 numbers alone show 900mil assets with 400mil liabilities with the majority of hock long term. This is not a bk candidate just because of a temporary cash flow glitch. A bk judge wouldn't allow a such a company to dump shareholders while giving owners and bondholders golden parachutes. The asset number shown can be as conservative or fluffy generous as accounting reason allows but with 6 mil oz proven reserves I would guess it's conservative. I'll stick with sierra's assessment that they'll be back with a roar.
And you are WHO AT LAW ? practice??
That is very shaky legal advice you just gave and anyone acting on it could come after your #$%$ when their losses pile up! Posters can be found when their is a legal order to the Host to produce them.
Sometimes there seem to be more golden parachutes than clouds in the sky. If I had a million for every time a court does the right thing I'd be destitute. I've already written this off as a loss but I am holding out hope.