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Re: VG: Veris Gold (formerly Yukon)--Another hedge fund victim
I think you oversimplify the options. AUMN explored debt and other alternatives before reluctantly committing to the last equity deal. Theoretically, capital should be plentiful with competitive fixed interest rates so low. However, in this negative environment for mining, the options to raise capital are difficult/scarce for any but the large producers.
If you have examples of cases that dispute this, please provide them.