GORO is the junior I see as most prominant among those not seeking early 43101 compliancy.They made their no 43101vclearly very early on. If one looks closely at the institutions that own stock,clearly somone believes in the business model.I have no complaints about the share price since I bought in 3 years ago.5 bangers are not that common,nor the 10 that will occur.
I go so far as to say,I am looking forward to GORO production starting this year.Production involving the receipt of lots of dollars appeals to me.
Now as TRGD and family have adopted a similar model,I would not currently complain; I do wait enthusiastically to see production increase and dollar flowing into our bank account.Rich made our business model clear long ago.
Funny thing is,money in the bank to me is a most reassurring financial record.
Once TRGD and co have spare cash,with the mine/mill paid off,we are in a position to explore/drill our properties.Drill and explore,WITHOUT having to do placements and dilution.Have a look at the traditional junior model as followed by Paramount Gold.They confirm a resource,a fairly lightly mineralised resource-then die.No more money.Off on the begging circuit.
TRGD /TARM had a very early advantage-properties like Don Ramon were found very early to have a rich resource:a rich surface resource-ah now that is fortune with a smile.Rich enough so that a $3 million dollar mine/mill could be paid for fairly quickly from a smallish resouce volumne wise.Could that be risky,maybe.However if the resource petered out early,there
are 2 adjacent 100% owned properties with rich ore.That my TARM has tripled I am not complaining about.I am not the whinning type.
If we had spent $3 million on exploring Don Ramon, we would be much shorter of cash -exposed to the whim of financiers like HOC.Imagine being forced to consider HOC as a partner.Poor Exmin.Poor MAI.
Give TRGS and co credit-our freedom from financiers is great.It will be greater still when production increases and we get notified,cash is flowing into our bank account.
If you do not like the TRGD models,stop tossing your dummy,sell and buy juniors seeking to follow your chosen model.Go buy some PZG or MAI.
In short,bash elsewhere.You do not like the stock.Sell.Sell.Sell.Clear off.What part of my logic is not understood?
AI
