Post by
deepthinker63 on Aug 16, 2023 3:14pm
Cratering gold price
Bad luck, but these guys can't stop and preserve cash because they have payments to Argonaugt upcoming. Also, have to spend at Unga and San Antonio.
Comment by
Ungawatcher on Aug 16, 2023 3:54pm
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Comment by
deepthinker63 on Aug 16, 2023 4:40pm
They must spend a certain amount, which grows each year. But, the 8 year agreement signed in 2019 is past halfway. Unless Heliostar starts drilling soon, they're going to be done. Is the walk down in the stock manipulation so that someone gets a good deal on AP + Unga?