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rmarc

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rmarc

Re: Kentucky123 post# 5590

Monday, 02/18/2019 4:48:01 PM

Monday, February 18, 2019 4:48:01 PM

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The press release was a typical misleading PR from bozo CEO Steve Curtis. The only benefit to a higher gold price Curtis refers to applies only to those ounces produced above the 22,500 Curtis panicked & hedged at $1250/oz. The benefit to the higher gold price for those ounces will be mostly offset by the losses generated by the Curtis hedge. Very bad move by the panicked, bumbling CEO Curtis for all CMCL shareholders as the hedge is an anchor around the neck of the CMCL share price.
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