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0.00% 20.5¢ wiluna mining corporation limited.

I think what the transaction shows is the following: 1) BLK were...

  1. rumbai12
    327 Posts.
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    06/12/16
    12:39
    Post #: 21136208
    I think what the transaction shows is the following:

    1) BLK were not going to produce enough gold this qtr to meet the hedge
    2) Took 6M profit which is good but could have been 25M if it was operational.

    Thank goodness management had the hedge, however what happens now if production is less than anticipated.

    I think Gold is going to $1000 USD before xmas.

    BLK could be in for a few volatile months.
    BLK Price at posting: 49.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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