RE: RE: RE: RE: tara hassan" .....wouldn't you want to find as many ounces as you can as quickly as possible?"
No. Not at the cost of borrowed money. Timmins already has enough gold to mine for the next 5+ years. Any new discoveries won't be mined for years to come. You're borrowing money now - and paying hefty interest on it now - to find gold on which we will get no return for years to come because gold sitting in the ground does not put money in the bank.
If they had simply waited another few months the Sprott loan would have been paid off and the company would be debt free. We would be able to find additional gold then, with our own money. I don't understand why management keeps trying to stay perpetually in debt to Sprott.