Alhart, you and I been here a while. I remember our first disussion...we were both wrong :). I think we are both much better informed now.
Napolean has firmer grip on reality than anyone who can see Phoenix rising. This company has had a dismal 3 years. They couldn't hit a production target if they stole gold from the Royal Mint.
I think anyone who offered to bail out this wreck is so motivated by self interest that you can bet their interests are not exactly aligned with minority shareholders.
Dilution/Receivership, what's the difference? For my money (gone), if you brought at 6 cents, get out! If you brought at 60 cents, who cares?
Hell may have a bottom and I reckon we'll all see it soon enough.
I do share the sympathy for the workers and hope the mine gets back to having a secure future.
I very much doubt that future will include current minority shareholders but lunch is quite different to livelihood.
Good luck.
NGX Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
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