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Jaguar Mining Inc. Message Board

  • diehlr1 diehlr1 Apr 9, 2013 1:01 PM Flag

    JAG's Debt

    Although I'm not going to waste time reading through the particulars of JAG's debt, I would just point out that in general, an unsecured convertible note - is just that "convertible" means it can be repaid by cash or stock. Unsecured means that the lender CAN'T take possession of the company as long as the note is paid in cash or stock.

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