RE:RE:Looks like the market Gold is in the ground. Just in the last phase, to get it into gold bars. It takes years to get to this point for any mining company. And all companies run out of money, and ask for more, just around start up time.
I have no idea why this company share price has been beaten down so badly, so it must be the money borrowed is considered to be excessive.
As soon as Magino gets going later this year the price has to go up regardless of gold being under or over $2000 per ounce. Gold at $1900 still makes this company a cash machine.