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8/22/17

Primero (P.to) and its trainwreck of a balance sheet

I did this whole thing on Primero in IKN431 on Sunday and that's not getting an airing here. But this was the visual aid in the note and just on its own...


...you get an idea of just how big a hole these people have dug for themselves. One thing about crass corporate errors is that they'll always end up showing on the balance sheet. Jeesh what a mess.