Good post. At the end of the day, POG is not relevant, it is how...

Good post.

At the end of the day, POG is not relevant, it is how much gold was produced by June 30 and at what cost.

If they produced more than 20,000 oz for the qtr at less than $1250, then the company and its share price will have another leg up.

If not, then difficulties are on the horizon.

I think your points on debt and issuing shares would be great in a perfect world, however investors will only put money into the company at market or a discount to market.

Hopefully the share price runs to 50 cents before a capital raise/ convertible note issue is executed.

It all depends on the next qtr cashflows.

If they are not good, you could see $10M being issued at a discount to market.

Hopefully BD and team can perform.