RE:AND AGAINBINGO
You, also forgot about the 1 MILLION other reasons not to invest in mining companies.
I bet if oil was up 16 bucks today, the oil companies would be up another 100 % above their already 1000% up in the last year.
What have miners done in the last 11 years? Best to stay away from the sector. Beaty started these companies because his backround is in geology. This is all he knows. His salary is paid through shareholders along with everyone else in higher positions. If the company goes bankrupt they get back every single penny as they are first on title.
Shareholders get zero.