Aurora Acquisition Corp (AURC)

[ekythump]

let me simplify that a bit,

The website said that:

"commercial banks were permitted to issue credits to gold-mining businesses and buy the output; "

And,

"individuals empowered to conduct transactions with gold, the demand for refined gold has been growing markedly (on the part of banks, first and foremost)."

And,

"Importantly, banks cannot derive a meaningful profit unless the transaction volume is below at least 2 to 3 tons of gold and the extraction of such gold has been prefinanced by these banks themselves."


So whatever margin we have (if I am correct), compounded with the rise in gold prices, the massive amounts of gold we have acquired since old estimates, we could realistically see $4-$6 pps in the next few months.

I'd love to hear comments on this.