cashed up juniorsan excellent blog posting that I stumbled on earlier...
https://www.stockhouse.com/Community-News/2008/October/13/Cashed-up-juniors
if nothing else, it should remind us that SA is undervalued (perhaps) but as much as others... at least other companies aren't throwing their cash towards high risk 3rd party ventures. lol
btw, food for thought, assuming a recovery happens and the markets grab back a little sanity, why doesn't anyone ever write about the possibility of juniors being the LAST to recover? After all, the key word right now is investor "jitters" so coming out of a period of "jittery" decision making, why would they put their money back in a risky area like junior exploration ? imho, they won't. The herd might not feel comfortable for years, and when they finally do, they will want to be in something safe. "Safer" anyway. It's too late for many of us to sell our SA shares, sadly. I've averaged down a little, but it's only to give my shares a fighting chance. Any more buying now would just be throwing good money after bad. We need to wake up to the reality that our speculation here may never recover. And even if it does, folks, it will take a long time. 3 to 5 years long. IMHO