re: if they cooked the gold book , what about the
Even the boys of the GATA called SGW a flop about 2 years ago sayings it was overhedged. I think NCM was the other one they talked about.
They advised nobody to buy either of these gold companies and I agree. You buy a gold co so that if the price of gold rises you will make money not the other way around.
The lalor brothers were pure punters when they decided to go into a 10 year hedge fund,thye shoulda just stayed at gold miners not trying to be high flying bankers.
SGW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
