Gold Miners’ Profits to Soar. - maybe what about writeoffs? | Old NEM MB Message Board Posts

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Msg  57271 of 57288  at  10/24/2019 9:58:09 PM  by

nasus25438


 In response to msg 57270 by  zeno451
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Re: Gold Miners’ Profits to Soar. - maybe what about writeoffs?

 They have had some lean times, that's for sure, and many have accumulated a lot of debt.
One wonders if they wouldn't be wise to employ those profits to pay off as much debt as possible.
It would also be interesting to know if those profits are due to low energy costs.
Looking ahead, energy costs are going to go up and they may have to borrow again. 
 Having paid down current debt before that happens seems the best course of action for the longer term.
 


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Msg # Subject Author Recs Date Posted
57272 Re: Gold Miners’ Profits to Soar. - maybe what about writeoffs? zeno451 0 10/25/2019 11:31:53 AM






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