SBS 0.00% 2.9¢ sub-sahara resources nl

Well flighty,gold might settle at 850 for while,though the cheap...

  1. 273 Posts.
    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.
 
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