Here we go something happening just moved above the 50 day. Do you think that email about ultra hnws buying the 4000 contracts (4000*5000oz=20mn oz… or 2*cannington yrl production) is real? If so, you would not need many more ultra hnws to do the same and it would move the price and cause a lot of short covering. Interesting to see what happens. Personally I think it does not sound right. Need further evidence.
