Too often , the miners had to sell off their production from high grade assets to fund ongoing operations , leaving low grade dross in their wake . ( e.g. an ‘unnamed’ open pit operation in NV in which I still own over 50 000 virtually worthless shares )
Sometimes , there are even indications of alleged insider collusion by high ranking officers in the companies as a result of poor fiscal performance . ( e.g. ANV > Hycroft )