gold, page-30

Buckland, you comparing EXM and HAW, two tiny explorers burning cash on a bit of goat paddock, whose only income will come from the kindness of the market (in an unkind market) to a producer who has a margin of 300/oz shows you might be missing your own point…we’ll just have to agree to disagree on this one

As for another CR, why would they need to do this? If gold fell another few hundred/oz and they couldn’t meet their debt payments after hedging, perhaps. But if you think with is going to happen then why are you holding the stock, and if its because you love MOY then you better hope you can raise money and do so on the best possible terms