Not sure if I will stay in this playI have been waiting for this company to come to life. I have lost over 50 percent in this play and over the past two weeks have been debaitiong if it is time to cut my losses and move to another producer. Not sure what will get them moving in a positive direction. The engine was to be Gold Bar Mine which currently is a disaster and has put the company on life support. Now McEwen mning has closed a 50 million dollar debt refinancing because of the massive 80 million dollar write down of Gold Bar...
I have seen other companies with less baggage fly recently and still this dog has not done anything positive. So the quesiton is do I cut and have a tax loss and find another play or stay. Most likely I will make a decision by the end of the week.