Last week, we had the opportunity to give the keynote and opening presentation at the Mines & Money show in New York. Perhaps we should not have opened a mining conference this time of year, as our numbers show that capital for junior mining companies is rarely available - and our outlook for the coming months was also rather grim.
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However, we believe that currently only the higher quality companies are able to raise significant capital. That is also reflected in the fact that warrant premiums have increased. We were also able to witness a slight increase in the number of financings without a warrant attached - a positive sign.
Click on the following link to see our full presentation: