goldies up, moy down, page-20

Proxy, I do think you're right, actually- any holder can sell and not declare if they sell < 1%, so yeah, IMC could sell a few at any time, or buy a few.

I think MOY is a hard worker, and they get things done. When they reach 100oz's (and if they can do so profitably), they move to a different league. I try to compare some gold companies- UML has a market cap of $50m. It's doing different stuff, and will be "cheap" if it doesn't want to raise capital. It is has to raise, according to its new Comm Bank loan, then it won't be "cheap" anymore. MOY is at is is, but I don't think there'll be any bad surprises with it. It is a very consistent performer.