So with this new cash, no debt over-hang, some Oil - India assistance, and a little luck & momentum, I don't believe management are doomed to keep failing (as they do in most
junior resource co's).
Not exact matches
I guess I'm prejudiced — hard enough to extract capital from regular
co's / management, but it really doesn't even feature in the mindset of
junior resource stock management (or even shareholders!)
It's kind of a closed - end fund with investments in small cap and microcap
resource companies (at the moment primarily
junior gold mining
cos) and mineral royalties.