My (current) favourite list of miners: KCN -> Owns a profitable...

My (current) favourite list of miners:

KCN -> Owns a profitable mine, has good upside potential.
RRL -> Purportedly good management.
NST -> Strong recent performance
NCM -> Is big.

Will enter when another opportune bottom of sentiment cycle of POG, so I could enter with a tight stop.

Have dropped MML from my basket of miners to hold when speculating a rise on the POG.

IMO managing expectations is the easiest part of running a company and they can't even get that right. Now they're laying off 1000 workers.

I can't see how they've managed to increase gold produced, and yet spent so much money they had to sell more gold than they made, and still be down $7 million. Even if I take into account their capital expenditure as "deferred profits", the money they're making seems way too low compared to what I had expected...

Maybe the annual report will provide some answers.

Also one last thing, when you're running the company, and the supervisors below you are systemically dishonest, so much so you have to fire 20% of your workers, you're the problem.