Innovator's Profile
Innovator's Posts
The problem fossil is that you and everyone else on this board are still after many years calling NOT and investment. Let's call it what it is-- a hobby!
"you made a bad call on the equinox acquisition which will probably bankrupt the company."
you mean Red Back Mining. Equinox was Barrick's disaster.
Andy,
What lift were you expecting. I was heading for the exits as soon as details of the meeting were announced but unfortunately i was asking too much at 12.5 cents! a burn rate of 3-4 million per month! They only have $30 million in cash a few months after a major financing ( lets not forget that this was debt -- the cash will disappear quickly but the debt and interest obligations remain)Nothing has or will change as long as the same group of management is running the show.
LSG rebounded nicely up (over 50%), not so for SGR.
can SGR continue as a going concern with Gold at less than $1,300?
So does anyone (including George from Agoracom) still believe that Kinross stole the asset from ARU?