SELL CRND
by
Room101
on
04 Jun 2014 22:06
Price at rating: 10.03, now:
I hear "Rabbit out of a hat" chances!!!!! Gold far to low for this company to produce, they need a minimum of $1500 to $1600 an ounce to stand a slim chance here. Scenario, cash burn now hurting, do they risk asking for more from Pi's, no I don't think so, will be telling all soon that they either need to raise money or go into care & maintenance. Result, Redstone offers to buy remaining shares at a paltry figure or uses it's wait to claim the company from closure by taking it all over for nothing saving company and workers. This is a stitch up that has been worked for the last year, not be long now before news starts to leak out. Warnings are there for all to see!!!!!!!
Score: 75.00