RE:RE:RE:RE:Why aren't Gold miners at year lows?Monkeydonkey wrote: Apples and oranges. Average gold price last year was 1300 vs 1100AISC.
This years average gold price was 1200 vs 900 AISC.
If gold price continues to stay low (what i, and normally all investors here are not expecting), then edv has to delay hounde a while.
Edv hasnt diluted in the past, and will not in the future. At least not dilution as in printing shares.
Edv can dilute by acquiring another miner in an all share transaction.
Perseus is a possibility.
Really ??. No Dilution ??. Are you serious ??
What woud you call the Avion merger and now this La Mancha deal. Shares outstanding before the 1:10 reverse split will jump to 590 million+ !!!!
Also, that article has no relevance whatsoever. All of the companies are in sectors other than mining and the reverse split happened in 2008-2009 or 2003 right when the market crash had happened. Unlike miners, these sectors went up regardless after the crash. Unfortunately, EDV does not belong to the sector favoured by "Big Money".