Img has the WORST timing I have ever seen There is ABSOLUTELY NO EXCUSE for not tapping the financial markets the day gold hit $2000 an oz several months ago ... surely they MUST have known costs were skyrocketing and that they would need more capital to complete the project ... Jesus I think the stock was at $4 share if not mistaken they could have issued stock at $3.50 !
now it "appears " or "could" be the reversal of the usda and 10 yr resuming upwards as the jobs report will put pressure on the fed to be more hawkish and drive up real interest rates and cause gold to resume the bear trend it is in .... glad I bailed a month ago ...lesson learned don't invest in sh@tty run companies no matter how good the asset is ... and don't fight the trend ...if it is not acting right there is a reason .... and another lesson I have learned over the years is that dumpster fires usually get worse ...