State of mining is bad, but it could get worse.
posted on
Jan 23, 2009 12:05AM
This article was on Sympatico msn.ca today:
http://finance.sympatico.msn.ca/inve...
If management are identifying highly probable drill location, they are just trying to conserve cash and ride out the bad economic times here. They need to be in the game and manage their cash for the rebound.
A lot of companies are in the same boat.
Some companies are selling out. At least it hasn't come to that here.
Good day.
Rogers