The reality of it all .... No one likes to see the shares further dilluted ! and certainly not me ... but the truth of the matter is that they are on a journey and they could not stop the forward progress months ago and can not stop it now. They must continue forward at any cost ... they have no choice !
Months ago people complained about them spending money, but to make the company better, open new mines, complete all the work on the mill, that is what they had to do. Now production from the mines is on target, they have completed and opened Starvation in 2013April which is doing better then expected, The mill is operating at 3000 to 4000 tons per day ... and because they have spent money and got the mill updated they now are able to have the Newmonth contract and the mill will be averaging 4500 to 5000 tons per day. That is only because they continued to spend money and update the mill to where it is today !
More money spent ... yes and that is why they have recently blasting the portal for Saval 4 which is the most recent mine that will allow them to now process more of their own ore.
So ... my humble opinion as a shareholder with as much shares as most on here and p;robably more then most on here ... who has also run businesses through thick, thin and recessions .... if you aren't moving forward then you are falling behind .... and this company through some rough times has continued the journey to move forward ! They are not catering to the shareprice or shareholders, they are aiming for a future that hopefully will get us back to where our shareprice was before and maybe higher !
Gold mines are not for the faint at heart .... my philosophy ... never gamble what you can't afford to loose ! and if you don't like your investment, take it out, take your hits like a man and move on :)
Best of fortune to all !!!