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4.9¢ tiger resources limited

Ann: Appointment of Chairman - Mr David Frances, page-6

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big mahn

12,401 Posts.

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20/12/17

13:41

Post #: 29771543
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Originally posted by PussnBoots ↑

Beginning of the end I'm afraid. DRC is a basket case at present and will continue to be while the current egomaniac remains running the country, refusing to follow his own democratic law, continues to run out of cash and witholds VAT refunds........then who wants to operate in that country? And who would invest in that country???? The stability and mining friendly country we had 3 yrs ago is gone. No knowledge this man has of the DRC will be of benefit at present.

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That’s right not many are game to invest there anymore. They might survive for a while after this restructure and recapitalization but at what cost? They would need a large cap raise and then a consolidation eventually. Debt is just way too high.

TGS Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
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