It's the dilution that kills investors in gold companies, you can own a stock that has ownership to say 100oz per share in the ground, they issue more shares, you now own 80oz, probably better just owning the the gold than investing in companies that claim will give you 10oz for the price of 1oz but keep promising and dwindling down your ownership on the resource. They are spending like drunken sailors, no way it costs 100M PA to drill out a resource, administration must be eating it up, the only other reason for the raise is something else other than drilling but what?
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