Nothing about supporting the company or not. I have money in...

Nothing about supporting the company or not. I have money in STA, hope very much to get some or even most of it back, reality says I probably wont.

Hope isn't the basis of sound opinion or investment. Sure, optimism is required for speculative and junior resource stocks, but balanced by realistic understanding of the situation and risks.

Creditors want their money back, the best way to get their money back is a large recap of Coburn that allows final product from a new high grade mine plan to make bank, and the best chance to attract a large chunk of high risk recap equity is to offer it up to new owners and write us holders down to zero or there abouts... Administration would mean creditors also get a weitedown, potentially very large also.

Wish is wasn't so or that I'm reading it wrong. I always post my honest beliefs whether or not it suits me, happy for a substantiated correction though (especially in stocks I'm taking a hit on).