Mothballing is akin to death. Do you think that University trained explorers have any intention of washing dishes?
Most will just sit back and whittle away the funds in the hope that they can avoid entering the labour market.
If the Industrial stocks around the world tank, then any money that is lucky enough to be turned to cash will most likely run to precious metals when and if the momentum runs that way.
Better to be in the game than in the exploration morgue.
MI
ARD Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
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