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20.5¢ wiluna mining corporation limited.

Ann: Gold Price Risk Management-BLK.AX, page-26

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matyd

4,148 Posts.

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05/10/16

19:53

Post #: 19650029
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Originally posted by OceanView ↑

Management:

1) The HEDGE. Go read it, it's very good and very smart.
2) The CR. It filled at $1.00. The timing was brilliant, very smart. Imagine a CR announced today.

Concerning the first Au pour, an event making many here piddle their wee brains over: it will happen. It is delayed, which now is a blessing when related to the POG thumping. Take the luck in that, and, if possible, take into account that BLK are not starting up a lawnmower, but completing a significant tpa MINE.

Seasonally POG is in a pause from it's strongest period, ending late last month. It's second period of strength, although not as strong as the one that has just passed, begins shortly.

I don't think the main reason for today's drop was a tree shake; my money is on the POG drop. The main sp action was between $0.77 and $0.775. Accumulation? Structured selling?

OV

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Great post. These boys are 2 from 2 in regards to the CR timing, both times lot of posters weren't happy but proves mgt is on the ball.

BLK Price at posting: 77.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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