Please listen to Dominic Frisby talk with veteran private investor, Dr John Wolstencroft about why juniors got, and continue to be hammered Post-2008.
John says one reason for this tremendous loss in market cap is that many pre-production ventures actually have a NEGATIVE value, given the enormous capital it will take to become a producing mine. Moreover, many DO NOT have business plans to increase shareholder value.
Two endgames Wolstencroft likes are 1) where a junior intends to be acquired, or 2) when there is, in the business plan, the intention to pay shareholders dividends.
In addition to taking the project into production (which Wolstencroft sees as being more of a benefit to company insiders than to shareholder) how does Tyhee plan to increase shareholder value?
http://commoditywatch.podbean.com/ November 9, 2001
