RE:RE:RE:RE:be wise
I agree with you zadman. It is very concerning. The ugly fact is that it is almost impossible for these junior companies to get any kind of financing going these days with current market conditions. The Senior companies know this and as prices are driven down they can either wait for juniors to run out of money and pick up the resource for free or drive the stock price down and take over at bargain basement prices. Either way we lose. I have stopped buying juniors for the past 6 months because this is happening all too often for the past 18 months. I do own sgc at a pretty good avg of .24 but I fear even this may not be low enough in this UGLY scenario.