2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.91

+0.4%

4:00 PM EST

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To: TobagoJack who wrote (171461)	5/10/2021 1:59:57 PM
From: sense	Read Replies (2) of 217685

SA is making a lot of effort to raise cash right now ? What do they need the cash for ? Yahoo says they've only got $41 million in cash... but the rest of the numbers are a blank slate... so there's no short cut there to doing the DD to figure out what they're doing and what they have planned... which I assume must be accelerated development of existing projects other than the ones they're selling... or some other acquisition they don't have the $ to fund internally ? Holding underfunded moose pasture through a boom is a bad idea... while ramping production before prices spike a lot higher will give a good return... so not rocket science to guess that's whats going on... But, I'd need to see more of what they plan... to make a valid judgement of the relative merit... And, why sell properties rather than shares for cash... when there's a lot of cash to be had... including cash to be had only by spinning them out now, selling part and holding part, rather than just getting rid of them ?

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