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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (62922)1/19/2009 2:49:53 PM
From: marcos  Read Replies (3) | Respond to of 78426
 
In terms of what-to-do-next, i figure that mostly-gold plays like Claude's dmm.to, ric.to, and try.to should do better ... and they are doing fine, but then, look at ngd.to today, hmm

That whole question of producers vs. developers is so eternal ... better the producer in tough times if it has positive cash flow, but if it doesn't, look out below, because it for sure has the costs and commitments ... it just depends, comes down partly to personal taste maybe, i've always leaned to developers because they're simpler stories, and yes definitely have a better chance at the staying power to act as cheap no-expiry warrants in the rough patches

What surprised me about ngd buying back debt, was that the covenants of the deal allowed them to do so ... many don't

cdb.v - threw some beer money at Red's pick on the other thread, pure gambling