As gold prices soar, mining companies find themselves under attack from their largest investors. September 12, 2019
Excerpt:
”A coalition of investors released a report on Thursday that bashed gold mining executives for spending too much money on general expenses.”
"“The inescapable conclusion of our analysis is that gold producers are significantly mismanaged from a G&A (general and administrative expenses) perspective,” it states.”
https://business.financialpost.com/...ves-under-attack-from-their-largest-investors
Kind regards,
Ann: Quarterly Cashflow Report, page-19
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