Where have all the junior miners gone?
This year’s corporate mantra for a crowd of junior explorers and miners is quite simple: “get us some near term gold production fast” (or some variation thereof). The motive of course is pure: get the share price up. For companies with $2 million to $200 million in the bank the magic bullet to riches is perceived to be the...continue reading
Junior miners problems with new funding
Some junior oil and natural gas companies with large debts are starting to have their financial problems go public. See these examples: 1. On February 17, Canadian Superior (SNG-TSX) just had their $47 million loan called by the Western Canadian Bank. Canadian Superior along with partners including British Gas has made some very large offshore natural gas discoveries in...continue reading
