http://www.revettminerals.com/sites/default/files/
Post# of 168
Posted On: 01/21/2015 3:18:23 PM
http://www.revettminerals.com/sites/default/f...b_2014.pdf
shorters having a heydey on one board
they had 7.2 million liquid capital as of sept 30 and have ca 1 million in new saleable inventory
they arent going to go bankrupt at this time- i havent done the figures but they could probably obtain cash flow w copper c 2.70 or lower - not counting non-cash items like depreciation/amortization and by cutting capex-but they dont want to do that long term -and before mine is fully operational- thus cutting care shutdown costs until they see where copper is going
insiders bought heavily in last years- a lot above $2- raising their stake- dont know where insiders got their money for their heavy buying but they arent poor hillbillies
main value is in rock creek mine which will continue w development efforts via public hearings on SEIS 1st half 2015
shorters having a heydey on one board
they had 7.2 million liquid capital as of sept 30 and have ca 1 million in new saleable inventory
they arent going to go bankrupt at this time- i havent done the figures but they could probably obtain cash flow w copper c 2.70 or lower - not counting non-cash items like depreciation/amortization and by cutting capex-but they dont want to do that long term -and before mine is fully operational- thus cutting care shutdown costs until they see where copper is going
insiders bought heavily in last years- a lot above $2- raising their stake- dont know where insiders got their money for their heavy buying but they arent poor hillbillies
main value is in rock creek mine which will continue w development efforts via public hearings on SEIS 1st half 2015
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