There was a gold stock I thought was going great - GNL ? from memory - and that went bellie up because of debt. It had everything going for it, including a plant it refurbished - but the debt killed it... the cash flow wasnt enough to cover debt
FAS is heading for debt levels far exceeding GNL's and it's generating no cash flow ..in fact plenty of negative cash flow.
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
