I think the grades here are exceptional and it's a good story but they've had quite a few problems ,selling begets selling , it's going to rain forever ,whatever . It's in a downtrend and gives every shit stirrer or know all the chance to aggravate people or appear to be realistic and knowledgeable ,this is the spec end of the market and things happen don't they. Everyone knows that.
Fwiiw I think they're good value at current prices ,doesn't mean I don't think they could go lower , but over time they'll get on top of the few issues that they've got and spin off cash. Might take a while ,could take less ,but I believe they've got a better chance than most potential gold miners and you're buying now into poor sentiment where any bearish outcome looks good.
Just a matter of whether you think it'll fall over or wheter they'll turn it around at some point . I favour the latter outcome but DYOR
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