WhatsUp gold
Exactly. You are exactly right in what you are thinking. It's reasonable. Its logical and it makes sense.
And people here are saying don't worry about itz of course they are spending on exploration... But it seems that the CRH royalty payments are 1000 Oz a quarter or... About 1.7 million ... Close to 2 right.. and no money in the bank, they aren't producing gold yet.... Of course it makes sense what you have said.
And others will say there were no signs like someone who said they stayed in because there were no apparent signs....
I am probably a bit less trusting of people than most. I've seen so many people not just ASX listed companies.. but work colleagues.. bosses, even family lie. With enough incentive or an important enough agenda for themselves they will always look after themselves. Senior management of companies statistically lie more than the average population and they are far better at lying. Google it, studies have been done at Yale and Oxford to try understand why so many CEO's and MDs are such good liers, and fool the general public.
If the very people managing the company can't be trusted then what the hell do you have in your hand? You don't know right.
If I hold up to cards to you and you say I have a queen and a king I will believe you. But if I'm holding a jack and a 7, and we did that over and over, and you kept lying to me, at what point do I stop believing what you tell me. At what point does the responsibility for continuing to make bad decisions move away from hey it's the person who is lying fault; to the person who keeps being gulkiabke and stupid to believing this liar?
I think what you have deduced makes perfect sense
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