AGO 0.00% 4.5¢ atlas iron limited

wth is going on?, page-283

  1. 2,788 Posts.
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    2 1/2 months without paying down debt. interest accruing.
    debt freaks me out- I would get rid of it asap-every $10mill in cash extra- thats every 2 weeks-
    debt holders- what have they got on management and basic accounting, to keep their pockets lined and stopping
    the debt and interest from being paid off. oh- 9billion free options that could be worth 400mill.

    sorry but I dont get it-- why this stock has an EV of $230mill and earns profit 20mill a month or at least 240mill a year for several years. Plus the other huge amount reserves that cant be accounted for....Seriously why people on this forum were saying 5c is too high is beyond.......now price is 3.5c and will stay below 3.6 resistance for ever.....I've had enough of this stock with 9 billion sellers waiting to pounce ever day...
 
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