TBR 0.00% $3.80 tribune resources limited

Excellent work corpsSo they obviously have alot of bullion...

  1. 3,420 Posts.
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    Excellent work corps

    So they obviously have alot of bullion laying around. You probably cant answer this but why does it benefit us shareholders to have a good profit margin on paper and not in the bank. They can not pay for expansions and drilling with gold! and they are not a bank so why the need to store bullion. Also by storing bullion shareholders cant expect a dividend any time soon.

    I might just sit on the sidelines for a while and wait for their half yearly report.

    Good luck

 
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