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Re: DumpsterDiver post# 20434

Monday, 05/02/2016 12:53:21 AM

Monday, May 02, 2016 12:53:21 AM

Post# of 24231
Really "Other miners are profiting, even with low gold prices"? A little research will show that many many small cap miners not only were not profiting. Many shut down operations, sold out at bargain prices or ceased to exist. With mediocre grade mining commodity price is very important to cash flow. Without cash flow growth without dilution is impossible (as debt financing is not attainable)
The grades they are now drilling are far from mediocre and should
translate into cash flow. Cash flow can transfer into production growth without dilution and presto you have a very different company. It will not happen over night, and thus is probably not going to be a good flipper. That is my opinion, but I am always open to listening to others opinions also.
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