Lets face it the value of the entire gold mining industry is zero. Whatever profits they make will be squandered on their next lame stunt. Of course gold stocks or a gold stock can go up, up a long way. But the cash is ring fenced and the shareholders will never see any of it even if they make this positive cash flow. Every gold stock rally in history has been a sucker rally. Isnt it time to declare shenanigans on them.
If we never sent them any money for rights issues maybe they would get the message. And no floats either. Gold mining is glorified begging.
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