half of the december debt was converted into shares, also they have the 7 million line of credit to fall back on to repay the remaining 3 million, also have the 8 million they just raised.
Very dissapointing stock, i wouldnt expect production to come to feb 2010 at least now
With 1.150 million stock at 5 cents market cap is still just over 50 million, at 4 cents 40 million
I wont be selling at these prices, nor buying any more just yet, the selling is too relentless and 4 cents seems likely. That will be my buy target.
CCC Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
