Re: Tantallon/EBF
in response to
by
posted on
Aug 27, 2010 11:48PM
Producing Mines and "state-of-the-art" Mill
EBF
No it's called a business relationship...where by they won't just shut the doors on LBE because they may need more time to pay the debt. They will extend them and in turn will cost LBE more interest, if that is even the case as we cannot see into the future. Is it a possibility YES but is it a possiblity that LBE will pay off the debt YES. How do you argue future events. You look at what the company is achieving now and as an investor, I would invest in a company that produces cash flow rather than one that sits idle ( which in my opinion will eat into any monies in the bank ). Who has a future, maybe both but I choose the one with cash flow, a strong business plan ( a plan at all ) and a business partner with money. When and if the economy recovers, both types of companies will increase in share price but I choose the one that will increase more ( cash flow, 43-101 properties, cash flow...oh did I mention cash flow ). Debt can always be paid if you have cash flow, when you do nothing money runs out.