RE:Darkest Before The Dawn?
This could very well go under. The cash burn is significant and the hedge is bleeding them dry. There is no one that can say the average retail investor will come out ahead. The company could default easily. The management team lied just a few months ago when New Gold bought in and they said firiing on all cylinders. Then two months later
No money to pay the bills
Unsure where the ore body is now so have to drill to define it
Underground fleet breaking down
No parts or long delivery
Limited expertise on site to repair equipment
Short man power 20%
Ya what a snow job they gave all retail investors. New Gold must be happy to lose 50% of thier investment in 2 months.
The management team can not be trusted. They lied just like SR.