71c4, the gold was sold as a hedge to ensure viability of project in the initial years, and to assist obtaining of financing, not to play the futures market. There was some comment along the lines of Korean tensions and econonmic instability, and belief the price was "low", that indicates an attempt to time gold futures.
big holder exiting, page-10
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
