There is a forecast cash outflow this quarter of $6.5mill
1600oz *1300 = 2,080,000 * 3 = $6,240,000
We are still 300K short people So this talk of $700 per ounce is basically bunkum happy to be shown to be wrong but if they are spending this much money they need to get there ounces up in a big hurry.
I sold the rest of my holding after this penny dropped will wait to see if any good news can come but... T
AAM Price at posting:
11.5¢ Sentiment: Sell Disclosure: Not Held
