Post by
gold_diggers1 on Jun 29, 2013 10:57am
RE: Just how crazy is this??
BP, crazy or not, the market is surely s***dy for juniors gold right now....... does not matter what you have..... 5, 10 millions oz in the ground... no one cares?! Desperate people just want to get out at all costs..... even giving you the shares close to zeros. POG dropping to $1,200s is not helping either since VTR needs $1,372/oz godl as presented in the PFS...... I wonder whether VTR management has a plan B if POG stays below $1,372/oz for the near future.....
Also, let's ask Alka Singh now...... can Kiaka still be developed at $1,000/oz gold? as she said - "will $1,000/oz gold still work at Kiaka? Yes it does"
If we have to wait it out, then the current fund has to be stretched to the limit..... will management consider taking $1/year salary to prove they are really keen to conserve cash and develop kiaka?
GLTA