Junior mining biggest problem.Every junior mining company starts out with a plan to find or prove up a mineral deposit and turn it into mine to make money for its sharholders. Sounds simple enough to get people excited to get on board. Why do so many so many of these not make it to become a mine or get sold to a miner. We all know those deposits are rare and a smart investor waits untill they get some kind of prove they are on to something but that is not enough to reduce your risk of loosing your money. Management is just as importand as the deposit.
They can make or break the stock by not doing the work or milking it dry.
If you get your project right with great management in a good juristriction what is next on the list for failing. I would put market sentiment next. You can have it all but if nobody cares the stock still goes down. That is what happend to us. You run out of money to suport the drill program and need to sell shares to keep going. We now went from being a potential twenty bagger to a ten bagger in two years doing nothing wrong in the company. That is why DILUTION is a killer for all junior mining companies. I remember GP in an intervieuw when he first came on board give himselve 3 years to prove the gold was here.He knew the money would dry up and dilution was the result. He also hoped as he proved the gold was here the market would reward him with a higher price making it less painfull to dilute. The one thing he can not control is the one to watch now. Gold is up and GP keeps finding more so what's up market???Give us a break we don't deserve to be thrown out with the bathwater..