large holder is bailing - another buys up, page-4

hi fishead

1.3gt using .5gt cut off ,allow for 80% recovery you dealing with gram per tonne dirt

what this means is this stock is leveraged to the gold price
big time

globally stock have been coming off as banks derisk their gold bets rightly or wrongly

gold is showing signs of weakness and if 1600 breaks watch out

as i said before this is a trading stock not an investment grade stock for me i will buy on the way up and trade


good luck