I hope you are right, and that Golden Crate Holdings are long term investors. I have personally found the Chinese to be long term gold bulls. Also, makes sense that Chinas central bank is on a record gold buying spree and stockpiling program. If GCH are going to be holding long, I will be a lot more relieved because in my investment experience, the majority of these institutions sell decent portions shortly after. I don't know about everyone else, but I really do not want to have to see another 3-6 months of constant sell walls and waiting to absorb another 200M shares from a raise. Especially during a time of record Aud gold prices, and amazing gold sentiment causing the majority of ASX gold producing stocks to commence decent runs. Let's hope this re rate is imminent and we get Boorara 'imminent' gold pour news next week because it has been a bloody long wait!
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