How long can SLR be regarded as a 'junior' ?? Its been a producer for 10 years and was once a 'mid-tier' gold producer. SLR must be a 'bull' as the only thing it has produced for its shareholders is BS !
BOD & senior staff, on the other hand, have gained millions from their 'investment' in SLR.
juniors seek to reward shareholders with capital growth - SLR has been a spectacular capital destroyer.
So, if there's no capital growth, from an established producer, then why not dividends.
" Juniorminers.com set out to find what the definition of what a Junior Miner was. So we contacted the nice folks at the PDAC (Prospectors and Developers Association of Canada) and asked them for their definition of a Junior Miner Company.
Their response was this:
Mining companies are defined largely by the way in which they derive their revenues. A senior producer or operator generates its revenues from the production and sale of the commodity it is mining. A junior mining company has no mining operations and is essentially a venture capital company. It must rely almost entirely on the capital markets to finance its exploration activities [I say "almost entirely" because some juniors derive their financing from private sources]. There is another category: mid-tier producers. These are generally junior companies that have decided to go into production on properties that they have discovered.
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