Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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Message: Here we go, early Monday morning. Good News?.. Bad News?

Here we go, early Monday morning. Good News?.. Bad News?

posted on Dec 10, 2007 02:53AM

 

Well, in short, Swiss bank announced an ADDITIONAL, $10 billion writedown on its sub prime holdings which could ultimately lead to a full year loss.

But guess what? News now arrives that an investment of $11.5 billion by Singapore and an UNAMED source from the Middle East offsets any worries For Now.

And FORD, deeply in debt to the tune of $567 million is issuing 62 million common shares to debt holders.

So the Credit Crunch is still churning away. So has our day, in pursuit of making a Buck.

 Good Luck.

 

 

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