PPRuNe Forums - View Single Post - Canada Jetlines to go public in reverse takeover as it races to be first ultra-low co
Thread: Canada Jetlines to go public in reverse takeover as it races to be first ultra-low co
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Old 19th Feb 2016, 19:47
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er340790
 
Join Date: Jul 2005
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as well as its $5 million in assets that will be converted to cash.
One does wonder what other assets this Junior uranium miner possesses... and if they could be readily converted to cash, why that has not been done already???

Stock: Maybe, but will only fetch fire-sale prices in current mining market.

Debtors: Why have they not been collected as cash already?

Mines / Lands / Leases: See above fire-sale comment.

I just flew WestJet to Toronto for $90 each way. Do they really think they can take 40% off those prices??? GOOD LUCK!
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