BOONDOGS STATEMENT Its all over. They cant refinance and there is no one going to stick there neck out and make an offer for this loss maker!
Can everyone repost this statement when the suspension is lifted.
With current copper prices even KZL will be making money
Just hope the copper and zinc price keeps going up.
At worst a cap raising at 8 cents At best loan of $50 million from whoever
Should be enough to see them through to profit.
The question is how it got to this Position in the first place.
Everyone who posts here knows KZL was in trouble at the end of last year. Why weren't they closing Baal Gammon then Why weren't the lay-offs back then.
The copper price was worse at that stage.
Management has done a poor job and not keeping shareholders in the loop is ridiculous
KZL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
