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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JimisJim who wrote (65204)1/18/2008 9:09:10 AM
From: isopatch  Read Replies (2) | Respond to of 108786
 
Jim. An important issue not fleshed out in the article is the sea change in the financing environment. Junior names in every sector require more bank financing than their older siblings (with more clearly delineated or bodies) let alone the adults (mid & lg cap producers who R largely self financing via significant revenue).

The severe credit crunch that's developed during the past calendar year is, therefore, having a disproportionate impact on the juniors. And that right when they need funding, more than ever, due to the large increase in mining costs highlighted in the article.

FWIW,

Iso