With gold at this price there should be no need to finance. IMHO it is a good thing to have them just barely treading water. It forces them to sharpen up their pencils and spend only what is needed to make the mine plan work. Kind of like tearing up all of your credit cards and starting over. Some just get new cards and go right back into their bad spending habits and the successful ones take it as a lesson learned, never to go there again.

Gold at $1487 cdn. I would hope they are able to survive at this price.