Breakout Alert!, page-39

I agree. The clarity around the long term has been resolved wit this sequence of rapid fire announcements culminating in the revolving credit line announcement which will ease the pressure on the existing operations. I’ve found that many gold mines that I’ve studied and that have failed, fail because of cash constraints.

My opinion is that with this money in place, the market can see light at the end of the tunnel in respect of the company being able to surmount the next 5 or 6 months without a cash crunch so it’s starting to look seriously over the horizon so to speak. I doubt the company will interrupt its dividend policy and I think the next 6 months are just going to be business as usual.

Of course there is always the caveat of this falling gold price to contend with for gold mining company investors. We really don’t know how low it can go.Esh