Sorry I don't follow them... maybe someone else can get their thoughts ....
Gold Jnrs can be risky at times ... it all about DOYR
#1- Assets -Grade is king - shallow soft oxide ores = open pits = lower costs /. risks
#2- Mgmt - History ? + how much funds to they have risked and invested in the company
#3- History to date of operations -- location ? high risk country etc
#4- Cash -- how much do they have ,,,do they pay themselves top-dollar admin/staff costs Vs exploration spend
#5- Forward plans - how likely will they be able to develop the project to cashflows ...any nearby Large cap predators etc how close to Gold Plants
Last edited by JBmurc; 27-08-2020 at 11:08 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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