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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

Avion Gold Corp
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Comment by AdamJTon Mar 31, 2012 9:40am
390 Views
Post# 19742889

RE: Question

RE: Question

Haven't looked at the financials so will just take your word on that. However, cash burn is an issue of mine with most juniors. We saw Lakeshore (LSG) do what they did but, cash costs are higher here. Still I'm holding off on buying some other apparent bargains in the sector for that exact reason. Hard not to feel that a pop in the sector is going to lead a number of junior gold producers to float out more dilution. Who would have thought with POG above $1600 they would have such an issue managing cash flow.

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