Post by
edmed on Jan 08, 2014 10:26pm
history repeating itself
a few years back this group had a nice gold property and lost it due to not watching their dollars and cents.
basically they ran out of money and could not get financing extended.
seems a familiar story in todays junior market
but I fear history may repeat itself here again
Comment by
moonshot5 on Jan 11, 2014 1:08am
They were unable to get the money at the bottom of the 2009-2009 crash to complete a property option/purchase from Silver Standard. Frankly, at the bottom of the crash, for anyone with money, there were better deals out there anyhow. Great assets were available for pennies on the dollar...like today.
Comment by
parkssam on Jan 11, 2014 9:01am
I'm told Grandich has stated Dunham Craig could screw up a wet dream.
Comment by
edmed on Jan 15, 2014 2:10pm
Either way....their track record is lousy.
Comment by
moonshot5 on Jan 15, 2014 5:01pm
They have a track record of finding and drilling out nice properties. The question is "what next?".A transition from explorer to producer is risky. Just ask the people at Colossus Minerals,Huldra Silver, or Golden Band.