Post by
likeike on Apr 10, 2021 11:40am
Holy Mackeral
I have never seen so many guys have no idea what is happening.
Years ago I invested in a greenfield project. They did not have a good buffer so
when they had trouble getting the mill tweeked they ran out of money and were
bought out by I think a Korean mining company and they got it up and running.
They were in a situation where nothing could go wrong and that is very difficuilt
when you are doing something nobody has done before. Lost all my money on
that one but I knew the risks.
Having a line of credit is a good thing when your doing a lot of tweeking and
wanting things to maximize. I am just glad we do not have aboriginal terrorists
planting bombs but what do I know? IKE