I don't have any gems to add to the frustrated posters except that if a definite no had been received from the bank/banks then an announcement to that effect would be required. There is not one gold stock in the world that has not been hammered recently, and I am reading of the terrible times for the Canadian TSX ventures market.
All I can say is that the very experienced analysts on KWN(I have posted details of this site many times) are still adamant that gold will rise. The list is very impressive.
If we can somehow get through 1620, then a new uptrend will commence, making funders a little more relaxed. Remember we have that 50 million of hedging at higher levels. One thought perhaps is that gold in the JPY is very close to an all-time high. This simply can not occur in a bear market.
finance, page-24
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