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Message: Re: Market Malaise
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Dec 08, 2012 10:46AM

Dec 10, 2012 05:51AM

Dec 10, 2012 09:42AM

Dec 12, 2012 10:24PM

I agree.Thats why I haven't touched any of them except Donner so far.My past posts have stated my concerns with the many juniors sitting on good properties but in need of cash in a market where getting it is tight(or non existent).Alderon I missed out on because it didn't get down to the $1 level I was hoping for.They meet the criteria of having enough funds going forward.Donner has the cash(and even they had a tough time getting it and paid a price for it with the last flow thru) necessary to get to production.Some are getting close to a point where they are buys because the discount is just too severe and they have sources for small financings to carry them for a while so can bounce back.I place Excelsior in that category.Also believe Sunridge has enough cash to carry on for almost another year and am hoping for a final capitulation that will send it into the teens.


Dec 13, 2012 07:42AM
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