THE CRITICAL INVESTOR

Dear subscriber,

What seemed to be a robust leveraged play on silver waiting for cash flows not too long ago turned into a suffering junior, eventually having their prime asset taken away from them by their very own JV partner SSR Mining for just enough cash and equity to acknowledge the market value at the time of signing the deal. Golden Arrow couldn't do anything as they couldn't find alternative ways of financing the unexpected cash calls by SSR Mining, and weren't cut any slack in that regard. This was a disappointment for many investors including me, but at least nowadays Golden Arrow sits on a pile of SSR Mining shares and some cash to the tune of about C$30M which is much more than the current market cap of C$17.9M, and is starting exploration on a number of promising projects. Read more about it here:

Golden Arrow Resources Completes Selling Of 25% Interest In Puna Operations To SSR Mining; Exciting Exploration Up Next

Regards,

The Critical Investor