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basserdan

01/30/08 12:03 AM

#35217 RE: ItsAllCyclical #35214

>>>That's certainly an ok theory, but it doesn't seem to hold water. You've got issues such as GSS, IAG, MFN, MRB and GBN to name some mid/smaller caps that are fairly liquid (except maybe MRB) and trading at deep discounts to their big cap peers. None of them should require much cash, if any going foward w/the expection of MRB, but given their agreement they won't need much and they have cash flow to back up any loan.<<<

Hi Jim,
Those juniors you named all have proven reserves.
Though I didn't specify it such certain terms, my post, for the most part dealt with the type of juniors that choad and I seem to have in abundance in our folios.... those without proven reserves who will prolly find it harder to raise money than ever before.