'............................unless you're saying that the Barruecopardo mine has an intrinsic value of less than the debt that was assumed.' - until they start posting a profit its not worth 1c mate.
If you suddenly found gold under your house and gold was trading at $1500 an ounce but it cost you $2000 an ounce to get it out - would you mine it? EQR are taking forever to show a profit and the market is becomming doubful hence the tanking again today!
Ann: Saloro XRT Sorting Performance Update, page-48
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