BGL: They have largeish forward sales of gold at a price (in...

  1. pmd3nka
    3,782 Posts.
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    10/09/24
    12:15
    Post #: 75607678
    BGL: They have largeish forward sales of gold at a price (in AUD) $900-1000 less than the current gold price. This seems to be the reason the sp has dropped from $2.04 on 15/07/2024 to its current sp. Paradoxically, for a gold stock, the loss gets bigger as the pog goes up.

    Hold goldies, but not BGL - maybe its time will come again.
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