hi derham,
true, however, look at many other companies as well - gold stocks and mining companies all over have had it tough.
Changes of ceo's, board changes, 20% cost rise av. across asian producers - some in Indonesia costs up 100% - yep, 100%.
Companies spinning off assets - panic in management teams about costs.
Hmmm, well to me - who the hell would you replace our blokes with??? - which failing companies would you want to draw people from?
Which other companies have been offered a deal worth more than their market cap?
I think there is a severe danger of throwing the baby out with the bathwater.
It has been a terrible couple of years to be in gold investments ------- only one or two have had good runs - and most of those ran on fresh air.
Look at the market darlings from last year ------ they are devastated. Fml always had more going for it than they did - and still has.
I gather that most here would like to have been in a company that ran hard but had bugger all.
Me, I am the opposite.
have a great day
Pinto
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