Well flighty,gold might settle at 850 for while,though the cheap rates for native labour might come into their own if underground mining is attempted.And, those daily share price rises you've noted in your past posts may well have been accomplished with borrowed funds....soon to be called back.
The deposits and the geological region look interesting,but sovreign risk is always a consideration.Which bankers will finance mining in the present circumstances?Perhaps the shareholders will have to stump up some more.These concerns and some desperate sellers bring the share price to its present sorry state.
- Forums
- ASX - By Stock
- SBS
- over 1mill oz koka deposit and open in depth
over 1mill oz koka deposit and open in depth, page-30
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)