$2 Billion In Negative Working Capital, A Miner Problem [CHART]

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$2 Billion In Negative Working Capital, A Miner Problem [CHART]


In a lengthy bear market for mining stocks, there have been repeated calls by pundits for the culling of hundreds of companies that have been unable to raise new money or generate shareholder value. This piece of the capitulation process, some say, is what is needed to put confidence back in the market so that the bull cycle can start again.

H/T Visual Capitalist

$2 Billion In Negative Working Capital, A Miner Problem

Corsair highlights SPAC FG New America ahead of OppFi merger

InvestCorsair Capital highlighted its investment in a special purpose acquisition company in its first-quarter letter to investors. The Corsair team highlighted FG New America Acquisition Corp, emphasizing that the SPAC presents an exciting opportunity after its agreement to merge with OppFi, a leading fintech platform powered by artificial intelligence. Q1 2021 hedge fund letters, conferences Read More


For more reading on this subject, there have been several articles written by both The National Post and CEO.ca.

Extras: The full worksheet of 589 companies and Tony’s 44 comments

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