johno
Remember me saying a little while back to expect a shift away from West African goldies?
It's now happening right before our eyes
The selling has been brutal, and rightly so. A lot of these companies boast million ounce resources, but what good are they when grade is rubbish, there is no DFS, and no real development plans and funding
Just proving up a resource in the hope of being taken over isn't good enough these days. You need good grades, good development plans, funding bedded down, and most important of all, good management to advance a company from exploration into development and ultimately production
Cheers
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johnoRemember me saying a little while back to expect a shift...
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