CTO 0.00% 0.5¢ citigold corporation limited

strong buying , page-21

  1. 190 Posts.
    awwwwr, pendantic on the terminology are we?

    Well, OK, any form of stock build allbeit at any oz level is a "hedge" against today's gold $, at the multiples it is trending historically 7 especially in the light of a high $AUD wouldn't you think?

    And wouldn't you think that management would be inclined to "hedge" a little stock under the bed just in case their next quarterly realty results are even less remarkable than the previous in order to maintain some level of consistency & public face??

    When it "really" comes down to it, anything announced inside of the statutory reporting period unless material is discretional. Period.

    And I would think that a few thousand unrealised oz's is neither here nor there in the longer term scheme of things.
 
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