Post by
uranicynic on Oct 04, 2011 6:52pm
Gold miner 4 sale
Junior gold miner for sale ..... cheap. Never been run profitably. Sitting atop a fortune in gold. Any newbie owner should be advised that they need to be able to navigate the shark infested waters that surround this company. Okay there are no sharks but the politics, bumbling management, self-styled environmentalists, racial pressure groups would make any buyer wish they had the option of dealing with sharks.
This play has become a flip of a coin to see if any of us make any money. South Africa seems determined to make sure that no one, including their own people profit from the terrible business of mining. I will never invest again ia business that is solely S.A. based.
Comment by
Hmmmmmmm on Oct 04, 2011 9:29pm
Uranicynic
How can you possibly say those things about S.A.
Here's a link where Shebangedme states that South Africa is open for business:
https://allafrica.com/stories/201103100142.html
And don't forget about Rinkydink who is protecting the environment from cleaning upthe environment.
And don't forget about the FIU mgmt who won't tell shareholders what is going on.
Hmmmmmmm
Comment by
smoking81 on Oct 05, 2011 10:12am
The value of all the equipment alone is worth a lot to someone like Anglo. Mining equipment is at a premium right now because of all the mines being built. These guys are already built and just need to start making money. Anglo has lost over $25M so far on their investment. Wonder when they step in or if they already have?