Based the Dragon release 01/09/2014 one could think that there is interest
in buying Dragon for overprize 0.13 A$,
actually situation is much more brutal:
1.Eurogold invested directly and through Brinkley Mines possiby
about 15-20 million A$ to Dragon mining.
For example in 2010 Brinkley paid 3 million A$ for4.5 % of Dragon,
see Eurogold release Date: 27/01/10 19:52
Lots of money is also lost in Tanami gold Release Date: 29/03/10 20:03
2. Eurogold runs out of cash and looses quotation in ASX. To pay salaries of bosses
major owner Allied Group provides loans with high interest
like 12 %. The amount of loans is 1.750 million A$ at the end of Q2 2014
EUG release 30/07/14 15:28.
3. Allied Group promises to buy the Dragon for 0.13 AUD per share
providing a total of $2,811,077.10 (before costs).
-> Most of the money goes to pay back high interest loans to
Allied Group
= in other words Allied Group takes Dragon shares for Eurogold's loans
EUG release 1/9/2014
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