PRU 0.37% $2.70 perseus mining limited

capital raisings.... of course they will, page-15

  1. 24,765 Posts.
    This is absolute nonsense in my opinion.

    The amount of money required is trifling in view of the potential profits from the project. The amount of money required is trifling in view of this BULLISH CLIMATE for gold. The amount of money required is trifling in view of the growing world wide investment demand for equity in quality gold projects.

    This climate will only get MORE BULLISH for gold as time goes on.

    From what I have seen over the years people with no experience in Management of a successful, serious business usually say, "Where's the money coming from? Where's the money coming from?"

    They get scared off by token amounts like $100 million or $200 million. Good grief!

    If I thought the money needed by a company to develop its project was not achievable - if I couldn't stand the heat in the kitchen - then I wouldn't be posting uninformed comments downramping my investment on Hot Copper. I'd sell out and move on.
 
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