RE:RE:RE:I could not help myself...Hey AzDriller...
Most Gold Mining Companies carry a significant amout of debt..commonplace.
What is nice in our case is that the debt is not held by a third party but rather at arms length basically insiders...Fahad Mohammed Al Tamimi and Claudio Ciavarella.
This allows for very favourable circumstances when it comes to negotiating terms moving forward and allows for flexibility...very nice!
Both are not "miners" but are very successful business men and know a good thing when they see it...perhaps taking longer to play out then they anticipated...all deals or not the same. However, having said that the support from the two is very telling in my opinion.
Your investment style will determine how "you" will play this...you can take profit along the way...never a bad thing..but...this deposit should prove out to be much bigger then what is currently on paper...exploration dollars received from a profitable operation moving forward will give them the financing necessary to carry out larger drilling programs. This deposit is a baby...we must stick around to watch it grow...a major portion of your holdings should be held in order to make outstanding returns into the future...two to three years.
Very few "people" stick around long enought to make the big bucks...very difficult to get back in as the share price gets higher and higher...a psychological influence to be sure!
All the best!