Hi GOLDENGUN,In your opinion would all the shares being issued make sense for the amount of outstanding debt from recent projects?
It's a bit hard to make a judgement when it is not specific about what work was done by each entity.
If we keep having a minimum %15 increase of shares on issue each year this stock will never take off but if share issuing stops and a consolidation happens once a half yearly report comes out with positive cash flow from gold production the company is still in a very attractive position given the current market cap compared to gold reserve.Just my opinion but I will be holding untill we hear about mining lease and cultural sites.
Cheers and always DYOR!
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