RE:RE:Bad mgmt & bad inflation a bad combo
greendayyyy wrote: In today's environment, the only way for a company to grow is through aggressive mergers and acquisitions. I think all the easy gold has been discovered and it would be increasingly difficult and expensive to find large deposits of precious metals. I believe we will never see projects valued at $1,200 gold in the future. If that's the criteria you're looking for, then you'll see your reserves dwindle to nothing. Mining companies have to be aggressive in replenishing their reserves and that is what will attract investors.
and that is literally the ONLY bright side to todays news is that it is EXPENSIVE to build mines and produce gold therefore a supply shortage is in the forecast and bring on the vultures for cote ... should allow the stock to base