Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Bob]

Dan,

I have not really followed the mining industry until this year, but it seems like miners are selling quite a bit of stock to the public lately. Is this normal? If they believe we're in a bull market for gold, why do they keep issuing shares? Wouldn't it make more sense to take on low-interest debt than to sell part of your company if they did think their assets were about to appreciate? This along with low insider ownership in many miners has me concerned.