2nd Quarter Results due August 14th
- One more week to the results for Q-2. Let's see what the Management has to say about the future direction.
- IMO, they need to speak about their debt situation and how they are going to reduce it going forward, considering an average $1100 - $1200 gold price going forward. They have already increased their debt from 200 million to 350 million.
- Also, what is their all in cost looking like going forward and if they have hedged any of their production in the $1300+ range in the last month.
- EDV can be a great success story going forward but right now it looks more like a disaster in the making.
- Market is not impressed still... Can the Management change that perception ???