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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (11643)9/15/2008 4:36:27 PM
From: alburk2 Recommendations  Read Replies (1) of 50263
 
Slider

It would seem that the Juniors are in trouble, the exception perhaps those few that are fully funded to production (e.g. Minefinders). Raising funds via offering is almost out of the question due to low share price/dilution. Financing would seem to be equally difficult given the destruction of lending capacity in the banking industry...I assume that those that have lending capacity will seek out opportunities that present the least risk. The seniors may pick off a few gems, but likely at much lower prices than investors anticipated. Without the opportunity to finance or sell shares, the juniors have little to bargain with.

It would seem that the seniors are in the best position to add value...unless gold runs.
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