RE:RE:RE:I've got a feeling we are headed toward 8 g/TThose shorts are really getting
?burned? "again" as you say.
Forget the shorts - the diehard longs are going to feel the real pain in the Fall.
Smittle wrote: The shorts will get burned again today! This is fun. I keep adding at these low ridiculous prices.
Ht7d45h wrote: I completely agree...
The grades have not lived up to the multi year hype, but the debt and stream is there and will turn 8gt at $1100 AISC into a death spiral.
Joe O is inept - except when it comes to lining his and his management pals pockets
with shareholder ( and creditor ) money. The new owners ( the creditors ) will eventually get their money back and then make a profit , but it will take time and their own magic sales pitch spin on it. To all current shareholders you get nothing... Joe & Co. took it and will keep taking
as long as you continue to buy into their BS.
goldminer01 wrote: in the steady state. This is fast becoming just an ordinary operation. The debt and streamer overhang will be a "bottom line" killer. Dr. Q very quiet (he served his purpose and solid out his reputation), only the lawyer is talking.