i should have added Many shareholders have been burned bad by gold mining companies and they are getting smarter.
Give you an one example of hundred i can think of Kinross gold investors bought shares 12.00 to 24.00 a share.
within 3 years their investment is worth today share price $ 7.89 a share.
gold has increased by 700 + an oz
CEO is fired with 14 million plus send off.
their is no reason for this to occur other than company insiders, CEO's Directors ,Geogists, PR firms, bankers all got fat wallets. Greed, mismanagement, stock options performance bonuses, directors wages, pay offs to natives etc.
The companies including Barrick gold are telling shareholder's " Trust US"
well i was in the business of making sure croks served their time one is now a writer for a paper many investors read ( financial paper ) he pulled of the biggest bank fraud in canadian history.
Now he writes about financial crime some say he is good at what he does.