gold cracks $1700, page-4

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The big problem with "this little gem" is that we don't know a time line for setting up a mine at Ararat or when it will be profitable. Financing from profits sifting through the Tasmanian taillings will leave a big hole with dividend focused buyers of BCD shares. SPP will dilute shares and outside borrowing will need to be repaid before dividends.
There needs to be a clear vision to profitability or shareholders like me will dump our shares. I hold a million. I find it hard to convince my wife it is a goer. What do you say about BCD that would excite when other gold mine shares are going gang busters? We need a white knight to come forward and make a generous offer and then let them worry about developing the Victorian mines.