Amateurs Wow, despite all the hype over increased production in H2 2012, production actully declined quater over quarter. And costs increased substantially. Talk about lack of credibility. I guess that is why despite various positive news releases, this stock has almost never budged. $1,300 + cash costs? WTH?
And exploring "competitive" financing proposals? Makes me laugh. Translation, current proposal will be prohibitively expensive or not feasible.
I think they should farm down interest in Medoro, or rediculously, spin it out. Maybe they could call the spin out Medoro Resources. Right now it is a freebee, as is most of Segovia, rightly so since the management are out to lunch IMO.
WIll have to sit tight for quite some time at this rate.