Companies such as GPT, AIO have been killed because of issues with debt. AFG, CNP, ABS are dead because of debt issues. These were companies worth billions.
CUO worth millions is selling a product that has dropped 60% in 5 months and shows no sign of stoping. CUO must refinance and they didn't even clarify the situation in the quarterly report.
CUO also invested in Platinum which is one of the few commodities that has fallen even more quickly than Copper down from $2,000 to $800 in 4 months.
I can see the banks lining up to loan money to CUO.
CUO
copperco limited
