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Re: ficose post# 45373

Thursday, 05/03/2012 8:38:34 PM

Thursday, May 03, 2012 8:38:34 PM

Post# of 67010
An interesting tidbit of information I found while surfing the Internet looking for answers to that mortgage question.
I found some websites that were explaining the different Debt to Equity ratios for various industries. Gold mining companies had little (.08) or no debt to equity ratio. But gold EXPLORATION companies had ratios close to 30 to 1. (and these were the more established companies.) Can you imagine what the ratio on the junior explorers would be?

Don't take my word for it, Do your own research! Then you will know it's true!

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