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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (154458)3/16/2020 3:55:52 AM
From: sense  Read Replies (1) of 217935
 
Issue, debt now matters


In gold shares:


BTG, 140M cash vs 262M debt, on a 4.7B market cap



PIRGF, 58M cash vs 38M debt... recent financing done.



AGI, 205M cash vs 800K debt... a clear winner in an environment favoring value adds in acquisitions...



But the best of all possible worlds is in silver:

MAG 94M cash... 1.09/sh... 548K debt They're partners in almost half of a massive super expensive project that's in development... but their costs and interest is fully carried by Fresnillo.

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