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0.00% $23.35 newcrest mining limited

Kentor Gold (KGL) recently got provisionally financed 50 million...

  1. GoGlenroy
    848 Posts.
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    06/10/10
    19:42
    Post #: 7290674
    Kentor Gold (KGL) recently got provisionally financed 50 million by Macquarie Bank with hedging not part of the agreement. This shows Macquarie is confident gold prices will rise. The option not to impose a hedging condition is unusual when it comes to financing these things.

    Not tyring to plug another stock, just thought that was relevant in general, although I disclose I do own it.
    NCM Price at posting: $42.01 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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