Protection trumps prediction

Everything is easy with hindsight. With today’s newspaper we can all tell CEO’s and politicians what they should have done previously to be in the best possible position to deal with today’s issues. But what good is our advice if we aren’t in possession of the newspapers that will be printed in years to come.

Dodging the Death by Dilution bullet

Mining is a risky business. How risky depends on many things. Sometimes I think for mining equity investors it’s a bit like betting on a game of Russian Roulette being played by the CEO. Investors of course must also remember that ‘death’ for the player is often much less painful than it is for them.

Kim and co architects of tarnished gold

Much has been written in the past week or so about the presentation made at the recent Denver Gold Forum by Paulson and Co partner, Marcelo Kim. In short, Kim took aim at outrageous amounts of CEO pay at the big end of the gold mining industry despite the parlous shareholder returns and various investment blunders delivered by most of that same group.