It's a nice article and mining companies do seem to be able to take money out of the market, but I find it very sour to see that this happens at close to bottom share prices and, as we have seen with ECU, at very unfavorable conditions (1:1 shares/warrants).
Somewhere I have the feeling that mining companies are not taking advantage of the excellent position they are in, but rather accept expensive money now than wait a little more and play out their unique position in the market.
And as always, we are paying for that privilege.