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big mining stocks going sideways while gold kranks up?

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  • big mining stocks going sideways while gold kranks up?

    thot this one was interesting:
    http://seekingalpha.com/article/2444...n-transactions

    large miners flooding the market/diluting share base

    comments?

  • #2
    Re: big mining stocks going sideways while gold kranks up?

    Here's the key excerpt from the above article.

    "
    That doesn’t absolve mining company executives of their stewardship. They have the ability to stop their stocks from being capsized through serial issuances and lavish compensation. Start by putting a hold on the breast-beating transactions. Exchange financial engineering for fundamental wealth creation. Reward your shareholders."

    In other words, quit being the greedy bastards that are so prevalent in the rest of the corporate world. Yeah, fat chance. Buy Physical.

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