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Veris Gold Corp T.VG

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  YNGFD | YNGFF

Price: N/A | Change: N/A | %Change: N/A
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.95/0.10
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0 stars

Sprott, The New Owners????

The latest Monitors Report from the EY site is interesting..... someone bid 20 million sight unseen for the Jerritt canyon property, but DB, DIP said no. Sprott has an offer on the table that might...read more
0 stars

RE:RE:RE:RE:RE:More Delays, and more hints that Veris is Dead

@cnynman The only good thing in all this that the bankesr have been tricked by a few miners and will never see their Fiat money again :-). Banksters got kidded at its best!! Fully deserved.  rate and reply
0 stars

RE:RE:RE:RE:More Delays, and more hints that Veris is Dead

I"m not sure what Sprott's game is, but I think he's taken a bath with Veris like all other investors.  Even a sudden rise in gold price would only help in the short term, and only benefit DB and the...read more
0 stars

RE:RE:RE:More Delays, and more hints that Veris is Dead

@Cnyman Maybe they are just trying to gain some time until gold price recovers. Sprott doesnt get tired to tell day by day that Gold price can explode every day and very very soon. The problem is that...read more
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RE:RE:More Delays, and more hints that Veris is Dead

DB and the DIP lender are in control of operations and all decisions on what steps will be taken.  The two of them will decide how long they wish to keep operations going (likely as long as it's...read more
0 stars

RE:More Delays, and more hints that Veris is Dead

If the bids are not there for this carcase, ..... then maybe some smart vultures will pick it up pennies on the buck ..... DB will have to take a big hair cut ..... Richard  rate and reply
0 stars

More Delays, and more hints that Veris is Dead

The court appointed monitor has extended the status quo until June now. Read the entire report here: http://documentcentre.eycan.com/eycm_library/Veris%20Gold%20Corp/English/Monitor's%20Reports...read more
0 stars

RE:RE:RE:Kill this company finally

Some people are buying VG shares because its never over until it is over. Right now the odds are totaly that they are done and will sell everything. But it havent been done yet. So it is just...read more
0 stars

RE:RE:Kill this company finally

What could it mean that there are still buyers for Veris Gold at FINRA? https://www.consorsbank.de/euroWebDe/-?currentpage=financeinfosHome.Desks.funds.Desks.snapshot.Desks.snapshotoverview&%24...read more
0 stars

RE:Kill this company finally

I think Veris is gone already. I can't see any set of circumstances in any of the recent Monitor's reports which would give Veris a chance of surviving. I don't understand why they haven't made some...read more
0 stars

Kill this company finally

Why dont they finally put an end to this procedure? It really sucks now. Money is gone anyway.  rate and reply
0 stars

Looking worse all the time

From the Court Appointed Monitor's latest report, based on an unexpected disruption to production: 26. In recognition of the mounting challenges faced by the Petitioners, the DIP Lender and Monitor...read more
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RE:RE:"A New Company"

If a new company is resurrected by the trustees, then the old shares are finished ..... unless the trustees put some value on them....as I stated in an earlier post....they may offer you rights to buy...read more
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RE:"A New Company"

@romara And what happens with the "old" shares in such a scenario? Are they absolute valueless or dop they just gettiing diluted by the new placement?  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:Its official, company is dead.

I am an italian living in germany. I dont understand in detail what is written in the report, but sounds not good to me. What will happen wit Sprotts and Deutsche Bank shares if Veris Gold will not...read more
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RE:RE:RE:RE:RE:RE:Its official, company is dead.

I hope the so called DIP gets DP (Double penetrated).  rate and reply
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RE:"A New Company"

They won't get any single cent from me.  rate and reply
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"A New Company"

To the best of my knowledge, they could issue shares in say Veris Gold (new company), and the existing shareholders could get "rights" to the new shares if they wished to purchase ....if they didn't...read more
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RE:RE:RE:RE:RE:Its official, company is dead.

The 'state of the shareholders' is not directly addressed in the lasted Monitor's report. The actions now seem focused on recovering as much of the DIP lenders money and DB's money from continued...read more
0 stars

RE:RE:RE:RE:Its official, company is dead.

@cnynman But are the shareholders still shereholders and will they be when it goes to maintainance state? Or is there a mechanism that shareholders will be expropriated? What is and will be the status...read more