RE: RE: Exeter Resource capex $ +4B?sorry i didnt realise that this was an ABX board!
I really think you need to take a look at long run stratey's that companys have.
major company's are trying to make money today correct
how ever they also want to be making money in 5, 10, 15, 20 years
So if a major has a negitive cash flow one year it may be investing in something for the future!
off topic anyway but i just thought i wouold point out some important common knowledge that you seem to have forgotten about..
I didnt realise you did the books for all the top 10 gold companys! all your facts must be correct then.
Honestly i dont think the investors mind the dilution as the 10 majors over the last 3 years have increase by between 20-50%.
it is an industry were you have to spend money to make money, it not a guessing game.
really do you think that the share holders mind the 6 cash raising, in that time the shares have gone from 80cent to $9
i am not going to both disproving anymore of your fals clams, statements or numbers because they are all farsical