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

To: AlphaRomero who wrote (64785)	4/12/2009 3:35:18 PM
From: niceguy767	Read Replies (1) \| Respond to of 78408

Thanks! It's good to be aware of all perspectives. As mentioned in an earlier post, I kinda hoped that MTO'd go forward with future financing out of cash flow rather than via a PP. Something, good or bad, has caused management to alter their plans in this regard. We can only speculate based upon personal experiences and observations which is the case.

To: AlphaRomero who wrote (64785)	4/12/2009 4:59:27 PM
From: maxncompany	Read Replies (1) \| Respond to of 78408

GOZ, MTO, CGLD and other small producers.......the market doesn't care about them and will not reward them with a high multiple. It's amazing that investors don't recognize this. RIC is attempting to become the exception. If they do so, it will be because they have so few shares out which enables a high cash flow/share, though they also need to increase their reserves as well. CGLD is a joke in this regard with close to 200 million shares out. GORO is somewhat similar to RIC in so much as keeping shares outstanding very low. And they have a plan to keep it that way. Again resulting in high cash flow/share. GORO's big advantage will be a very low cost/oz, much lower than RIC's. GORO is not yet in production, but expect to be this year, so RIC has a head start. GORO will be offering a healthy cash dividend, RIC may consider this as well, don't know, but CC would know. For those concerned about GORO being on the Bulletin Board, they will move to a senior exchange once into production. So I see RIC and GORO attempting to become the exceptions. If you're a small producer and want a healthy market multiple, you don't have a chance if you don't keep your shares outstanding low. And that's just to have a chance, you still have to execute in all other aspects. If anyone knows some other candidates similar to RIC and GORO, let us know.