I read an article this morning that talked about funds having to sell precious metal equities because of the redemptions. They specifically mentioned San Gold as being down 83% this year alone. What the article did mention was that although funds are selling, someone is buying, and they could be positioning themselves for one of the big rebounds in PM equities.
Hopefully SGR is one of those that is going to be pulled along, if not leading the charge.
The value of the company is way below what the infrastructure alone is worth.
I was starting to lose sleep, but I am betting that the summer is going to make some of us some very nice cash.
I believe that this is one of those moments when you are staring over the abyss, and the bottom is nowhere in sight.
Come on Ian, now is the time to cut the overspending, and focus on cash flow, prove those "analysts" couldn't analyze a straight line.