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trader53

06/17/15 3:06 PM

#12353 RE: trader53 #12352

RMRK Gold Miners Set for Next Stage of Revamp


After 2 years of cost-cutting
from North American gold miners,
balance sheets show improvement
and debt is less of an obstacle.

As such, now is stage 2 for the companies:
taking steps like detailed mine reviews
targeting capital and cost improvements,
and further cutting capital programs.

The investment bank recommends folks prepare for that
and take advantage of seasonal summer weakness.