Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Re: Some musings
1
Oct 05, 2008 05:18PM

R,

Maybe a little too simplistic, in that the lender is also getting a pile of warrants, interest and the $16 million it already had lent to the company back in the transaction (even though they had already been paid the interest on that loan).

Nonetheless, you make a good point.

Cheers,

Bluenoser

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