Am I concerned about the financing deal BAA specified in their previous PR, sure I do.
Do I think BAA will go bankrupt? Not really, I haven't done my DD in the gold industry but I don't believe I really know of a company that went bancrupt producing 100K oz of gold in relation to the all in cost vs the current price of gold. Is gold under $1100, no (thank goodness)
Anyways I'm hear for the long run, the company will adapt in terms of issues that arise (such as namoya) and hopefully work on their debt. It takes time and I have allot of it.
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