LBMA CEO Ruth Crowell admitted that Gold Market is completely manipulated by Central Bankers! Anyone Surprised? This entire scam is going to collapse all markets being rigged by the FED and other Central Banks as a last ditch effort to hold the system together. Won't work it's all coming unraveled.
Too predictable the game is Sampson will more than likely file BK by the 3rd Qtr. if they last that long. The execs need a little more time to milk this for all it's worth.
Then it will be back toward the .50cent mark in not time! Oil headed to $35 lot's of paper debt for sale no buyers. Bankruptcy in shale space will last through 4th Qtr.
Your an Idiot and too stupid to read and interpret what any document means!
They were also on the other side of the trade there where 136 Million shares short one of the biggest short positions AHH what's the use you guys are idiots!
Still can't figure the Canadian money last Qtr. how they convinced them to part with over $20 Million either one hell of a sells job or more like management saying anything to get the cash! Law suits will be flying ANV is "OVER" there will be no restructuring with this team in place your looking at 5- 7 yrs. of legal work, as I mentioned been caught in this movie before the underwriter should be sued as well!
Seen this movie too many times a stock will diverge from industry group go a little higher for no reason and I repeat NO Reason and then the news of the filing hit's! You got to wonder what the thought was with the $20 Million Canadian money last Qtr. When Gold ran to $1300 I thought ANV had a chance but the entire Gold market is rigged by the COMEX the FED can't allow gold to go higher. The BLS Job Gains are based on Fraudulent rigged numbers but you see what it did to gold. And NO the FED will not raise rates EVER they can't.
Let's see if the Bondholders take it up the Whazoo, that would be a little justice if executives wanted a little revenge it's called debtor in possession and boy can they do some damage to the infrastructure in place. Yea baby take a stick of dynamite to it!
You ANV drones must be part the Monty Python Investment club, I tell you their offices are closed and you melt down. Guess what they are, now you don't have an arm (a mere flesh wound) there out of CASH (now you don't have a leg) but you drones don't care your going to hop to the mine and run it yourselves! I know I know I am full of it, time for you to go All In !
Sorry to say their offices in Reno shut down that's why you don't get through to anyone phone systems and recordings are still intact. Maybe they will work out of a trailer at the mine site. I have been in a situation similar to this when your desperate for money as a rule it seldom ends well, as a bondholder your secured through the asset's the common will get wiped out along with any warrants. I am sorry to say BK looks imminent next week maybe sooner! If your a gambler maybe you get back up to a buck.