Compared to TXG: So Far a Dog.... But I continue to add as I don't see any better risk-reward elsewhere and I remain especially constructive on the sector.
Regading TXG: "As at September 30, the company had cash and cash equivalents of $94mm,
$18mm of restricted cash and $59mm of VAT receivables, against $402mm of
long-term debt."
At this juncture TMM remains debt-free. The leverage is superb should gold break $1300 over the next few months.