DEG News: We're Hopeful That De Grey Mining (ASX:DEG) Will Use Its Cash Wisely - 4th Oct 2024, 7:04am

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There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Given this risk, we thought we'd take a look at whether De Grey Mining (ASXEG) shareholders should be worried about it...

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