Just read an interesting article in the WSJ on the ore stockpiles in China.
On the downside, doesn't look like there will be any bulk purchases for a few weeks with the Chinese New Year Holidays about to take place and the stockpiles they have accumulated because of that break. This has also pushed the share price down in recent weeks. On the upside, this would have been translated into sales on the AGO balance sheet, along with the low dollar.
Should be an interesting start to the day!
AGO Price at posting:
95.5¢ Sentiment: Hold Disclosure: Held