But EVERY narcissist says the same. 8
Should investors be wary of Mexican gold stocks in light of the theft that McEwen experienced at El Gallo?
Gold robberies are rare, but there is a criminal element present in Mexico. We’ve taken quite a few additional steps to raise the deterrent: improved boundary fencing, time delays for entry, and Mexican state police present each time we’re pouring and delivering. It’s another risk that investors may not have previously considered, but there’s not a high probability of theft occurring. However, shareholders may want to ask these companies just how safe their facilities are once safeguards have been put in place.
Finally, do you have any words of advice for investors interested in small-cap gold stocks to weather this volatile gold price environment?
Look closely at the company’s balance sheet to check their debt levels – the smaller the better. See if they have a treasury large enough to take them through the year without them having to go back to the market. Avoid companies who sell royalties and metal streams. I think that’s the way you should look at a small cap company – the ability not just to survive, but also to be in a position to take advantage of opportunities that come along.”
BTW lost Dorly’s AGM 2010 bet to pick a roulette # for a Double Eagle. (Times 35??? POG was $836!!! Actual bet if allowed woulda been roughly $30K pay off. Unissued quality,plastic case still In my safe but still belongs to DKP . Gutsy Lady bets the GG boss.
Note carefully: MXSG GETS the royalty at rancho. NO Cost! Take advantage of opportunities ? I’d say so. Different breed O’ cat! 8
http://www.smallcappower.com/posts/rob-mcewen-interview-28-07-2015