The quarterly is due and it will undoubtedly show they once again have no money and will need to show how they will fund this new Quarters operations.
IMO it will be quasi CR with some sort of con note or other such facility to float them through yet another quarter. IMO It will be some sort of leverage off the only asset they have left, which is San Jorge. I'm sure it will be clever and neat and have the appearance of being a good deal... because that's what RM does. He is a finance guy.
after so many years of this pump and then a CR continual cycle I still can't believe it continues to work. I bet management can't believe it either. But I suspect it is much more orchestrated than it seems.
it will be interesting to see what Monday brings.
AVQ Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
