Make a long winded argument with a bunch of statistics to backup your preconceived ideas. Nothing else screams community college like the name Sewells.
My sincere thanks to the knowledgeable posters on this board too. Wading through the BS on message boards can sometimes yield helpful information. I would also like to thank Wolf who helped me make a little cash with his charts.
whompu1 • Sep 3, 2013 6:05 PM Remove 6users liked this postsusers disliked this posts1Reply
The latest 100M+ shortfall was the kiss of death for shareholders. This project has been mismanaged from the start. Capital has been wasted. Investors have been misled. Remember production 2012? Remember opportunity to fast track? Remember that first report with the resource potential? Then the BCSC? Remember how shady they were about the bulk sample? How about the initial mining methods? That's changed too. Oh, and by the way, they need another financing to do it with no justification as to why it will benefit shareholders. What happened to that 30% contingency? Given their track record, does anybody really believe they will do a financing deal that will benefit common holders? Less
whompu1 • Jun 28, 2013 1:18 PM Remove 0users liked this postsusers disliked this posts4Reply
When the banksters get done bleeding this dry there will be nothing left for shareholders. All 300 million of them. They need to sell or merge with a company that has a lower cost of capital. There are better ways to create value. This is about egos and empires built on the backs of shareholders. Wait and see. Less
whompu1 • Jun 26, 2013 5:42 PM Remove 1users liked this postsusers disliked this posts1Reply
No contingency plan
How did you like that response bag holders. No justification for the long hole stoping and the extra 100 million they need. LMAO at these clowns
Who would want to listen to more lies from those clowns? Shareholders are toast no matter how this plays out. 5k gold is their only hope.
From time to time I would pop in on this message board to entertain myself. Created a few aliases. Tried to inject some humor on this board. Since this train wreck is now official, I will disclose a few. Hope you enjoyed them along the way. Let's start with.....sherlockhomeskillet.
You are a joke. A message board hero with an ego way bigger than your ability. You have lost all credibility. Have fun at the next MENSA gathering genius.
Shareholders will get nothing on this one. Either the leinholders get the assets or shareholders get diluted to oblivion. Either way you lose. Thank your buddies Pio, Sewell's, and Park for their expert analysis and insider info.
"At Cochenour, exploration drilling continued to assess the core area of the deposit as well as at the tram level, where there have been changes in the orientation of the veins from prior interpretations."
Yeah EV is meaningless for valuation metrics because it doesn't differentiate how much of the value is debt. A company can have a massive EV and be headed for bankruptcy.