FFX 0.00% 20.0¢ firefinch limited

potential customers for bgs gold

  1. 4,701 Posts.
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    The 'official' POG does seem to effect our stock sp and other goldies.

    But, lately I have been thinking that some people selling their gold may be achieving a better than 'official' price for their gold. Check the prices people are paying for gold coins. And then One may find that the current supply of gold is constrained - making it more difficult to actually buy the stuff.

    So I put it to fellow holders that if we take the figure of 500,000 ounces we may have at ntiola and sell it directly to a Chinese buyer/Buyers group - then we may realise somewhat more profit per ounce than the current 'official' pog would suggest.
 
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