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clock Created with Sketch. 14/04/22
11:10
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Originally posted by Jeanlucecuyer:
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incredible but true... ! The shorters did not make the market at the close! The days and weeks to come are going to be interesting... This increase could correspond to a good quarterly production or to a future takeover bid...? Personally, as I have been saying for months, I am thinking of the takeover by a company that is happy to take advantage of buying DACIAN at a low price, which has become profitable, not through the work of management, but simply not obliteration of RW's incompetence, between its deception on the numbers of the resource and, even worse, its (long) term sales at a ridiculous price. Ridiculous for the shareholders and not for the lucky beneficiaries of RW's incompetence! In the end, it will remain for the historical shareholders to count their losses !
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the big risk for most gold and metal miners is a rapidly increasing gold or metal price . See NIC: nickel shot up 250% and they made huge losses in hedging. NIC share price falls. A rocketing gold price could bankrupt some indebted gold miners without deep pockets . Way back? 2009 Barack gold bought back all their hedges cost them about ?$5 billion
Originally posted by zongo1:
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I originally bought in at $4 and sold out for a loss. It was thought of as a very solid company. A sorry story ensued which most probably know.
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