WudIzThePoint, Ron McEwen and Tyhee
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posted on
Jun 18, 2010 10:28AM
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WudIzThePoint,
Did Ron McEwen actually say that a junior "should not excessively sell shares & invest heavily yourself in your shares?"
From what I heard, McEwen said for a junior not to issue shares for money that it will not use immediately. He took exception to those companies that sit on their cash. ( His company, US Gold, is ironically sitting on excessive cash invested in bullion!)
Tyhee, on the other hand, fits this profile exactly.
McEwen also said that juniors are great investments, but get a basket of them since only a few hit the mother load. It was unclear whether he was referring to Clan Lake.
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