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589 miners that will be out of business soon

Posted by joe12pack @ 17:16 on March 31, 2015  

These all have negative working capital.

http://www.zerohedge.com/news/2015-03-29/miner-problem-2-billion-negative-working-capital

589 companies in this spreadsheet: http://ceo.ca/wp-content/uploads/2015/02/Sch-A-neg-w-c-resource-companies.xls
These are all going to get flushed down the toilet soon. We need this wipe out to end the bear market.
San Gold used to be $5/share in 2010 and is 2 cents now. It’s on this list.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.