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What did the board and management do with the $MILLIONS they received from the sale OUR silver mines ? ? ? ? ?
Excellent question, I must ask.
Pray that they have a solid long-term business plan with gold production apparently being their primary focus. Of course, with these spendthrifts, you never know.
Result=A tremendous amount of inflation with a collapsed economy.
Now, is this a recipe for disaster, or what ? ? ?
In this type of environment, gold may be the safe haven.
Maybe it's cuz their mines are fugazi? Maybe it's cuz the whole mining business model is no longer workable for anything but large scale operations? Or is the entire gold mining business unworkable and as such...un-investable? Anyway...lord knows these clowns that run GPL don't deserve anything close to what they are being paid...as a mater of fact...the executive compensation that this horseshit company pays out for absolute failure....would be laughable...if it were not so tragic.
few days later.
We will know in short order.
So for each ounce of gold they produce, they lose $1300?
How is that sustainable?
Can't tell much at all about today's action; just no apparent interest all day.