Corvus Gold Inc. (KOR)

[LouisDesyjr]

Dilution with gold mining stocks

It seems within recent decades to be a constant problem; mining companies that simply never deliver any real profits and need constant financing to keep going. In the 1800s, people became vastly wealthly from mining rights. Today, in 2020 the best mining companies pay a dividend of like 1% and everyone else keeps issuing more and more shares and slowly proceeding towards limited production. Same thing goes in shale oil prospects; all kinds of financing until the price of oil drops and they companies all go bust.

It is rather incredible trying to figure out what or where to invest saved money that will grow and how these companies seem to keep getting more and more new financing every year to keep going.

Louis J. Desy Jr.