Interesting Interview with Eric Sprott:

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/12/2_Eric_Sprott.html

 

Eric Sprott in the above interview at the 12:15 mark indicates that miners should start thinking about their shareholders.   If miners are generating revenue they should consider funding capital projects differently.  Markets punish miners for taking earnings and directly fund capital projects.  The other option is to pay shareholders dividends.  Market rewards miners with a higher share price, then fund projects through issuing shares. 

GLTA Hold long and prosper