Replies to post #831 on Gold and Silver miners (Jr and Exploration)

[the cork]

I figured if I was gonna have just one, HL is the one!

Careful with the exploration companies.

All their expenses are in front of them, and they typically have no income, leaving the share structure as the sole "bargaining chip" to raise capital. You know what that means.

Any PR's that SHOULD drive the share price are used for capital raises.

Even if they are exploring to get bought out by another concern, you still get screwed because they artificially depress the share price for months on end - so when they announce a buy out and so called "Premium" to the average share price of say the last 6 months for example, the "Premium" at that point is less than the share price SHOULD be anyway.

Producers are the best bet at least for my "dis-comfort zone" LoL!
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